Cloud-based data warehouse company Snowflake announced its intent to acquire LeapYear.

 

Cloud-based data warehouse company Snowflake announced its intent to acquire LeapYear.  As part of the acquisition, LeapYear's team will join Snowflake.  According to Carl Perry, director of product management at Snowflake, LeapYear's differential privacy platform will help its customers leverage previously off-limits data.  LeapYear's technology will be added to Snowflake's Collaboration and Global Data Clean Room offering.  Perry said the offering is used by Disney, NBCUniversal, Acxiom, OpenAP, and Roku to open up safe, auditable collaboration opportunities across their organizations.