dbt Labs Signs Definitive Agreement to Acquire Transform, Accelerating Development of the dbt Semantic Layer
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Wednesday, February 8, 2023
PHILADELPHIA, Feb. 8, 2023 /PRNewswire/ -- dbt Labs, the pioneer in analytics engineering, today announced that it has signed a definitive agreement to acquire Transform, the innovators behind the modern data stack's semantic layer founded by former Airbnb data scientists. The acquisition will accelerate development of the dbt Semantic Layer following its launch at Coalesce 2022 — providing greater flexibility to organizations of all sizes seeking metric consistency across their stack.
Key Points:
- PHILADELPHIA, Feb. 8, 2023 /PRNewswire/ -- dbt Labs , the pioneer in analytics engineering, today announced that it has signed a definitive agreement to acquire Transform , the innovators behind the modern data stack's semantic layer founded by former Airbnb data scientists.
- The acquisition will accelerate development of the dbt Semantic Layer following its launch at Coalesce 2022 — providing greater flexibility to organizations of all sizes seeking metric consistency across their stack.
- Transform's technology will expand and enhance the functionality of the dbt Semantic Layer, which enables organizations to centrally define business metrics in dbt then query them from any analytics tool.
- Transform's entire founding team will join dbt Labs and continue working to innovate and accelerate the semantic layer.