Databricks Hot Boot Performs Codeless Acquisition

Databricks, which was recently valued at $ 38 billion by investors, is putting some of that money at the service of its second acquisition, the code-less German start-up 8080 Labs.

8080 Labs creates bamboulib, a data mining tool that does not require coding to be used, bringing what has become one of the most popular trends in business development – the rise of low-code / no solutions -code – to Databricks’ Lakehouse platform.

The company said in a statement that the 8080 Labs software runs on “clicks, not code.”

Terms of the deal were not disclosed.

In June 2020, Databricks acquired Redash, an Israeli open source technology company focused on data visualization.

“Bringing simple functionality to Databricks is an essential step in enabling more people within an organization to easily analyze and explore large datasets, regardless of their expertise,” said Ali Ghodsi, co-founder and CEO of Databricks, in a statement released Wednesday.

Recent Databricks investors Amazon and Google are among the tech giants increasingly focusing on low-code and no-code solutions, with Google acquiring AppSheet in 2020 and Amazon launching its Honeycode later in the year. . Microsoft, which offers its Power Apps and claims it is the fastest growing business application ever for the company, also sees low-code / no-code solutions as a key source of growth. revenue, expecting 500 million new applications to be integrated. the next half decade, which is more than all the apps created in the past 40 years.

“If this is true, 450 million must be built with a low-code tool,” Charles Lamanna, vice president of citizen applications platform at Microsoft, told CNBC last year. “There aren’t enough humans to code fast enough to build that many.”

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