Latham & Watkins Advises Snowflake in Acquisition of Crunchy Data
Snowflake (NYSE: SNOW), the AI Data Cloud company, has announced its intent to acquire Crunchy Data, a leading provider of trusted open source Postgres technology and products. This acquisition will bring Snowflake Postgres, the AI-ready, enterprise-grade PostgreSQL database to the AI Data Cloud, enabling developers with the full power of Postgres while providing the uncompromising governance, security, and operational standards essential for building and running mission-critical AI applications.
Latham & Watkins LLP represents Snowflake in the transaction with a corporate M&A team led by Bay Area partner Greg Roussel, with associates Luke Blackett, Bryan Warner, Rebecca Dixon, Alice Han, and Elie Hamady. Advice was also provided on tax matters by Bay Area partner Kirt Switzer, with associate Jacob Meninga; on executive compensation and benefits matters by Los Angeles partner Julie Crisp, with associate Morgan Wesner; on labor and employment matters by Chicago partner Nineveh Alkhas, with associates Jenny Bobbitt and Helen Zhang; on labor and employment matters by Paris partner Matthias Rubner, with associate Cosma Scutiero; on data and technology transactions/IP and data privacy matters by Bay Area partner Michelle Gross, with associates Kiara Vaughn, Ryan Sanders, Julian Savelski, and Karen Sung; on public sector matters by Washington, D.C. partner Kyle R. Jefcoat, with associate Genevieve Hoffman; and on antitrust matters by Bay Area partners Kelly Fayne, Stephanie Adams, and Peter Todaro, and Brussels counsel Philipp Studt, with associates Nayantara Ravichandran and Hanna Nunez Tse.