a16z-backed data firms Fivetran, dbt Labs to merge in all-stock deal
U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tabSummaryCompaniesMerger creates $600-million-revenue data infrastructure companyFivetran CEO Fraser to lead combined companyDeal highlights AI-driven data infrastructure demandOct 13 (Reuters) - Data startups Fivetran and dbt Labs will merge in an all-stock deal, creating a combined data infrastructure company with nearly $600 million in annual revenue,...
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