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Big Law

$38 Billion Software Start-up Databricks Makes Acquisition of a No-Code Company

Databricks, which was recently valued at $38 billion by investors, is putting some of that money to work in its second-ever acquisition, of German no-code start-up 8080 Labs.

8080 Labs makes bamboolib, a data exploration tool that does not require coding to use, bringing what has become one of the most-popular trends in enterprise development — the rise of low-code/no-code solutions — to Databricks’ Lakehouse Platform.

The company said in a release that 8080 Labs’ software works on “clicks, not code.”

Read the source article at cnbc.com

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