On Monday, analytics firm Databricks announced its purchase of enterprise data company Arcion for $100 million.
Action’s technology will allow Databricks to process client data from software systems like Oracle and Salesforce, said Databricks.
The company previously completed a $500 million fundraising round, which included investments from chipmaker Nvidia and financial firm Capital One, last September.
Databricks, which is currently valued at $43 billion, is expected to launch an initial public offering soon.
