Microsoft acquires Turkish open-source company Citus Data
Microsoft corporation on Thursday announced that it acquired Citus Data, a Turkish startup that has commercialised a software called PostgreSQL, an open source database system.
Microsoft said in its statement that the agreement would accelerate the delivery of key, enterprise-ready features from its Azure Data Services to PostgreSQL. The company did not disclose the terms of the deal.
“We are thrilled to join a team who deeply understands databases and is keenly focused on meeting customers where they are. Both Citus and Microsoft share a mission of openness, empowering developers, and choice,” Citus Data said on its website.
The start-up was founded in 2011 and had offices in San Francisco and Turkey, with 40 employees, according to LinkedIn data. Citus Data’s investors include Silicon Valley accelerator Y Combinator, Data Collective and Khosla Ventures.
“We made a new step today towards our goal to make Turkey a world player in the software market. As an indicator of our confidence in Turkey, we are happy and proud to add software company Citus Data founded by Turkish entrepreneurs to our structure,” Murat Kansu, General Managers of Microsoft Turkey said on Twitter.