Collaborate Disseminate
When Cloudera announced its sale to a pair of private equity firms yesterday for $5.3 billion, along with a couple of acquisitions of its own, the company detailed a new path that could help it drive back towards relevance in the big data market. When the company launched in 2008, Hadoop was in its early […] Continue reading With buyout, Cloudera hunts for relevance in a changing market
Cloudera was once one of the hottest Hadoop startups, but over time the shine has come off that market, and today it went private as KKR and Clayton, Dubilier & Rice, a pair of private equity firms announced they intended to purchase Cloudera for $5.3 billion. The company has a market cap of around $3.7 […] Continue reading Cloudera to go private as KKR & CD&R grab it for $5.3B
Cloudera announced that Cloudera Data Platform (CDP) will integrate the RAPIDS Accelerator for Apache Spark 3.0. Deployed on NVIDIA computing platforms, the software enables enterprises to accelerate data pipelines and push the performance boundaries o… Continue reading Cloudera partners with NVIDIA to make AI-fueled business transformation a reality
Airbyte, an open-source data integration platform, today announced that it has raised a $5.2 million seed funding round led by Accel. Other investors include Y Combinator, 8VC, Segment co-founder Calvin French-Owen, former Cloudera GM Charles Zedlewski, LiveRamp and Safegraph CEO Auren Hoffman, Datavant CEO Travis May and Alain Rossmann, the president of Machinify. The company […] Continue reading Airbyte raises $5.2M for its open-source data integration platform
Cloudera announced that Gary Hu has been appointed to the Company’s Board of Directors, upon the recommendation of Icahn Enterprises in accordance with the Voting and Standstill Agreement between Cloudera and affiliates of Icahn Enterprises, date… Continue reading Cloudera expands board of directors by appointing Gary Hu
If you go back about a decade, Hadoop was hot and getting hotter. It was a platform for processing big data, just as big data was emerging from the domain of a few web-scale companies to one where every company was suddenly concerned about processing huge amounts of data. The future was bright, an open […] Continue reading With MapR fire sale, Hadoop’s promise has fallen on hard times
Cloudera and Hortonworks, two of the biggest players in the Hadoop big data space, today announced that they have finalized their all-stock merger. The new company will use the Cloudera brand and will continue to trade under the CLDR symbol on the New York Stock Exchange. “Today, we start an exciting new chapter for Cloudera […] Continue reading Cloudera and Hortonworks finalize their merger
Cloudera announced the launch of an end-to-end, open source Internet of Things (IoT) architecture in collaboration with Red Hat and Eurotech. Enterprises now have a modern IoT architecture that is scalable, secure, and technologically advanced without … Continue reading Cloudera launches an IoT architecture with Red Hat and Eurotech to accelerate IoT deployments
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Cloudera said today as part of its second-quarter earnings report that it is acquiring Fast Forward Labs, a startup that gives companies the latest information on how to apply machine learning and AI to their businesses as well as consulting. The company’s stock has weathered somewhat of a beating since it went public, though it was able to beat Wall Street’s expectations today.… Read More Continue reading Cloudera acquires AI research firm Fast Forward Labs