ME News reports that on August 26 (UTC+8), Amazon officially announced it has signed a definitive agreement to acquire DuckLabs, a data infrastructure company. The transaction is expected to close following the satisfaction of customary closing conditions, after which the DuckLabs team will join Amazon Web Services (AWS). DuckLabs is the development company behind the open-source analytical database DuckDB. AWS stated that the two companies have been collaborating since 2024, and this acquisition aims to combine DuckLabs’ expertise in database engineering to further enhance the speed, usability, and cost-efficiency of AWS’s data analytics services. DuckDB co-founders Hannes Mühleisen and Mark Raasveldt will continue to lead the team after joining AWS and oversee the technical direction of the open-source project. Amazon emphasized that the transaction does not include the acquisition of the DuckDB open-source project itself; DuckDB will remain maintained by the independent DuckDB Foundation and continue to be freely available under the MIT license. Amazon stated that DuckDB users will experience no changes before or after the transaction, and the project will remain open source. AWS will provide further details on the integration plan between DuckLabs and AWS in the future. (Source: ChainCatcher)
AWS to Acquire DuckLabs; DuckDB Team Joins Cloud Division
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Summary
On August 26 (UTC+8), Amazon announced it has signed a final agreement to acquire DuckLabs, the company behind the open-source database DuckDB. The acquisition will bring the team to AWS to enhance data analytics performance. DuckDB’s co-founders will continue leading the project. The open-source initiative will remain under the DuckDB Foundation and under the MIT license. This move follows growing demand for efficient tools to process on-chain data and inflation metrics.
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