On the Record · Snowflake
Snowflake acquisitions, on the record
The businesses Snowflake bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Samooha, Inc.Word for word“In connection with our acquisition of the outstanding capital stock of Samooha, Inc. (Samooha) on December 20, 2023, pursuant to an Agreement and Plan of Merger and Reorganization, dated as of December 14, 2023 (Merger Agreement), we issued approximately 1.5 million shares of our common stock as consideration (Equity Consideration).” 10-K for 2024 | acquisition | December 20, 2023 | — |
Samooha, Inc. (Samooha), a privately-held company which developed data clean room technologyWord for word“The acquisition date fair value of the preliminary purchase consideration was $219.0 million, which was primarily comprised of 0.9 million shares of our common stock valued at $174.2 million as of the acquisition date, $38.8 million fair value of our previously held equity interest in Samooha, and $6.0 million in cash and deferred cash consideration.” 10-K for 2024 | acquisition | — | The acquisition date fair value of the preliminary purchase consideration was $219.0 million |
Neeva Inc. and its equity investee (collectively, Neeva)Word for word“During the three months ended July 31, 2023, we acquired all outstanding stock of Neeva Inc. and its equity investee (collectively, Neeva), a privately-held company which developed search technology powered by artificial intelligence language models, for $185.4 million in cash.” 10-K for 2024 | acquisition | During the three months ended July 31, 2023 | $185.4 million in cash |
Mountain US Corporation (formerly known as Mobilize.Net Corporation) (Mountain)Word for word“During the three months ended April 30, 2023, we acquired (i) all outstanding stock of Mountain US Corporation (formerly known as Mobilize.Net Corporation) (Mountain), a privately-held company which provided a suite of tools for efficiently migrating databases to the Data Cloud, for $76.3 million in cash, and (ii) all outstanding stock of LeapYear Technologies, Inc. (LeapYear), a privately-held company which provided a differential privacy platform, for $62.0 million in cash.” 10-K for 2024 | acquisition | During the three months ended April 30, 2023 | $76.3 million in cash |
LeapYear Technologies, Inc. (LeapYear), a privately-held company which provided a differential privacy platformWord for word“During the three months ended April 30, 2023, we acquired (i) all outstanding stock of Mountain US Corporation (formerly known as Mobilize.Net Corporation) (Mountain), a privately-held company which provided a suite of tools for efficiently migrating databases to the Data Cloud, for $76.3 million in cash, and (ii) all outstanding stock of LeapYear Technologies, Inc. (LeapYear), a privately-held company which provided a differential privacy platform, for $62.0 million in cash.” 10-K for 2024 | acquisition | During the three months ended April 30, 2023 | $62.0 million in cash |
Datavolo, Inc.Word for word“On November 25, 2024, we acquired all of the outstanding capital stock of Datavolo, Inc. (Datavolo), a privately-held company that built a dataflow infrastructure to support the creation, management, and observability of multimodal data pipelines for enterprise AI.” 10-K for 2025 | acquisition | November 25, 2024 | — |
Observe, Inc.Word for word“Observe by Snowflake In February 2026, we acquired Observe, Inc. (Observe), a leader in AI-powered observability, to deliver the next generation of AI-powered observability, built on open standards and designed for the scale, complexity, and economics required by modern AI-driven enterprises.” 10-K for 2026 | acquisition | In February 2026 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2019-01-31 | $0 | — |
| 2020-01-31 | $6.3 million | $7 million |
| 2021-01-31 | $6 million | $1.4 million |
| 2022-01-31 | $0 | — |
| 2023-01-31 | $362.6 million | — |
| 2024-01-31 | $275.7 million | — |
| 2025-01-31 | $30.3 million | — |
| 2026-01-31 | $178.8 million | — |
Deal filings since 2016
- 2026-10-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-09-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Snowflake’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-03-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.