Jingren Zhou, vice president. Alibaba Group

Chinese e-commerce giant Alibaba Group has acquired German startup data Artisans (dA) to build an initiative around Big Data open source technologies.

The move is also aimed at developing stream processing, batch processing and machine learning for developers to leverage in areas like artificial intelligence, Internet of Things and other real-time processing applications.

As per local media reports, the deal has been valued at EUR 90 million. While both firms issued official statements, the details of the deal were not disclosed.

Founded in 2014 in Berlin, dA created Apache Flink as an open source framework for developers and enterprises for data processing at massive scale. Since 2016, Alibaba worked with dA to support the open source community built around the software.

“As a first step, Alibaba announced their commitment to contribute their in-house developments around Flink — Blink — to the open source community,” dA founders Kostas Tzoumas and Stephan Ewen wrote in a statement. “Together with Alibaba, we can enhance our efforts and technology to new horizons by investing even more to open source.”

“By leveraging the technology expertise of both teams and shared passion to develop the open-source community, we are confident that this strategic tie-in will further strengthen the growth of the Flink community, accelerate the data-processing technologies and help bolster an open, collaborative and constructive environment for global developers who are passionate about stream processing and enabling real-time applications for modern enterprises,” said Jingren Zhou, vice president, Alibaba Group.

by Parnika Sokhi
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