Cloudera, Hortonworks Merger Will Create New Data Platform
October 04, 2018 / Chris Preimesberger
Combination of two longtime rivals expected to establish a unified Hadoop and industry standard platform that will cover data management from data center, to the cloud, to the edge and to AI. A couple of neighboring Silicon Valley data platform makers who have been competing in the Hadoop data storage and analytics market are finally joining forces--to the surprise of not many people in the enterprise IT world. In fact, some industry observers were wondering why it took so long to happen. Cloudera and Hortonworks, who both entered the business world about 10 years ago and immediately began going after the same customers, jointly announced Oct. 3 that they have agreed to become one and the same in an all-stock merger of equals worth a combined $5.2 billion.