tech:

taffy

Microsoft acquires PostgreSQL company Citus Data

More open source news from the Seattle giant. Microsoft has acquired Citus Data, an eight-year old San Francisco-based company with offices in Istanbul, Turkey, that provides an open source extension to PostgreSQL, that makes it easier to add nodes to a database, or parallelize SQL across multiple nodes. Citus is available as a fully-managed database as a service, as enterprise software, and as a free open source download.

Terms of the acquisition was not disclosed. The Citus Data team will be joining Microsoft.

“As part of Microsoft, we will stay focused on building an amazing database on top of PostgreSQL,” says a blog post from Citus Data. The company adds that it will continue to actively participate in the PostgreSQL community, working on the Citus open source extension as well as the other open source PostgreSQL extensions.

Read the blog post on the acquisition by Umur Cubukcu, Ozgun Erdogan, and Sumedh Pathak, co-founders of Citus Data, here.

Read the blog post by Rohan Kumar, corporate vice president, Azure Data, here.

[Image courtesy: Microsoft]

Just in

Mizuho, IBM develop AI system for banking error detection

Mizuho and IBM have collaborated to develop a proof of concept (PoC) system that utilizes watsonx, IBM's enterprise generative AI and data platform, to enhance the efficiency and accuracy of Mizuho's event detection operations.

Lumos raises $35M

San Francisco, CA-based access management platform provider Lumos has raised $35 million in Series B financing.

Aerodome raises $21.5M

Aerodome, a Los Angeles, CA-based company specializing in Drone-As-First-Responder (DFR) technology, has secured $21.5 million in a Series A funding round.

Uncle Sam to inject $50M into auto-patcher for hospital IT — The Register

The US government's Advanced Research Projects Agency for Health (ARPA-H) has pledged more than $50 million to fund the development of technology that aims to automate the process of securing hospital IT environments, writes Jessica Lyons in The Register.