Alibaba acquires Berlin-based data Artisans for $103m: Report

Alibaba acquires Berlin-based data Artisans for $103m: Report

Photo: Bloomberg

Chinese e-commerce giant Alibaba Group has acquired Berlin-based data Artisans for $103.3 million (€90 million), according to European media reports.

Founded in 2014, data Artisan provides services that deploy large-scale data processing solutions for enterprises. Their solution manages and deploys this data in real-time for better and faster decisions. data Artisans was started by the creators of Apache Fink, an open source stream processing technology. According to data Artisans’ website, its clientele includes Uber, Lyft, Alibaba, eBay, Comcast, Huawei and King.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter