Databricks says it will acquire Tabular, a data management startup that helps companies optimize data stored in the Apache Iceberg format and more, for over $1B (Jordan Novet/CNBC)

Jordan Novet / CNBC:
Databricks says it will acquire Tabular, a data management startup that helps companies optimize data stored in the Apache Iceberg format and more, for over $1B  —  Data analytics software maker Databricks said in a statement on Tuesday that it's acquiring Tabular, a startup that helps optimize data stored in the cloud.