Dbt Labs and Fivetran Merge to Form Open Data Infrastructure Powerhouse
The merger combines Fivetran’s data movement capabilities with dbt Labs’ transformation technology. The new entity aims to provide open data infrastructure supporting both analytics and AI workloads while maintaining dbt Core as open-source.
Major Data Industry Merger Creates New Contender
In a significant consolidation move within the data technology sector, Fivetran and dbt Labs have announced plans to merge, creating a combined entity approaching $600 million in annual recurring revenue, according to company statements. The merger brings together Fivetran’s automated data movement platform with dbt Labs’ data transformation technology to form what executives are calling “open data infrastructure” for analytics and AI workflows.