Snowflake completes Natoma acquisition for about $146 million

Snowflake acquired all outstanding stock of Natoma Labs on June 3, 2026, according to its quarterly report for the period ended July 31, 2026. The preliminary purchase consideration was $128.3 million, mostly in stock, plus about $17.7 million in cash. Snowflake also issued roughly 0.2 million shares to certain Natoma employees, vesting over three years.

• Closed June 3, 2026, in line with the June closing the April filing had projected
• Preliminary consideration $128.3M, mostly stock, plus about $17.7M cash
• About 0.2 million shares issued to Natoma employees, vesting over three years