https://www.channelfutures.com/wp-content/themes/channelfutures_child/assets/images/logo/footer-new-logo.png
  • Home
  • Technologies
    • Back
    • SDN/SD-WAN
    • Cloud
    • RMM/PSA
    • Security
    • Telephony/UC/Collaboration
    • Cable
    • Mobility & Wireless
    • Fiber/Ethernet
    • Data Centers
    • Backup & Disaster Recovery
    • IoT
    • Desktop
    • Artificial Intelligence
    • Analytics
  • Strategy
    • Back
    • Mergers and Acquisitions
    • Channel Research
    • Business Models
    • Distribution
    • Technology Solutions Brokerages
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
  • MSP 501
    • Back
    • 2022 MSP 501 Rankings
    • 2022 NextGen 101 Rankings
  • Intelligence
    • Back
    • Galleries
    • Podcasts
    • From the Industry
    • Reports/Digital Issues
    • Webinars
    • White Papers
  • Channel Futures TV
  • EMEA
  • Channel Chatter
    • Back
    • People on the Move
    • New/Changing Channel Programs
    • New Products & Services
    • Industry Honors
  • Resources
    • Back
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Advertise
    • 2023 Editorial Calendar
  • Awards
    • Back
    • 2022 MSP 501
    • Channel Influencers
    • Circle of Excellence
    • DE&I 101
    • Technology Advisor 101 (TA 101)
  • Events
    • Back
    • 2023 Call for Speakers
    • CP Conference & Expo
    • MSP Summit
    • Channel Partners Europe
    • Channel Partners Event Coverage
    • Webinars
    • Industry Events
  • About Us
  • DE&I
Channel Futures
  • NEWSLETTER
  • Home
  • Technologies
    • Back
    • SDN/SD-WAN
    • Cloud
    • RMM/PSA
    • Security
    • Telephony/UC/Collaboration
    • Cable
    • Mobility & Wireless
    • Fiber/Ethernet
    • Data Centers
    • Backup & Disaster Recovery
    • IoT
    • Desktop
    • Artificial Intelligence
    • Analytics
  • Strategy
    • Back
    • Mergers and Acquisitions
    • Channel Research
    • Business Models
    • Distribution
    • Technology Solutions Brokerages
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
  • MSP 501
    • Back
    • 2022 MSP 501 Rankings
    • 2022 NextGen 101 Rankings
  • Intelligence
    • Back
    • Galleries
    • Podcasts
    • From the Industry
    • Reports/Digital Issues
    • Webinars
    • White Papers
  • Channel Futures TV
  • EMEA
  • Channel Chatter
    • Back
    • People on the Move
    • New/Changing Channel Programs
    • New Products & Services
    • Industry Honors
  • Resources
    • Back
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Advertise
    • 2023 Editorial Calendar
  • Awards
    • Back
    • 2022 MSP 501
    • Channel Influencers
    • Circle of Excellence
    • DE&I 101
    • Technology Advisor 101 (TA 101)
  • Events
    • Back
    • 2023 Call for Speakers
    • CP Conference & Expo
    • MSP Summit
    • Channel Partners Europe
    • Channel Partners Event Coverage
    • Webinars
    • Industry Events
  • About Us
  • DE&I
    • Newsletter
  • REGISTER
  • MSPs
  • VARs / SIs
  • Agents
  • Cloud Service Providers
  • Channel Partners Events
 Channel Futures

Mergers and Acquisitions


Business handshake

Cloudera, Hortonworks Join Forces in $5.2 Billion Merger

  • Written by Lynn Haber
  • October 4, 2018
Cloudera and Hortonworks, two rivals in open source, announce a merger.

Cloudera and Hortonworks said Wednesday that they are merging. The value of the combined companies is estimated at $5.2 billion.

Hortonworks delivers open source global data-management platforms and services, while Cloudera delivers a modern platform for machine learning and analytics optimized for the cloud. Together, the vendors contend they’ll create a leading next-generation data platform provider, spanning multicloud, on-premises and the edge.

“Our businesses are highly complementary and strategic,” said Tom Reilly, CEO at Cloudera. “By bringing together Hortonworks’ investments in end-to-end data management with Cloudera’s investments in data warehousing and machine learning, we will deliver the industry’s first enterprise data cloud from the Edge to AI.”

The two vendors’ products are built on open source, Hadoop distributions. Some benefits of the merger:

  • Establishes a next generation data platform, with increased scale and resources to deliver an enterprise data cloud, providing ease of use and elasticity of the public cloud from the data center to the edge.
  • Creates a unified platform and clear industry standard from the edge to AI.
  • Accelerates market development and fuels innovation in IoT, streaming, data warehouse, hybrid cloud, machine learning/AI.
  • Expands the market opportunity with complementary offerings, including Hortonworks DataFlow and Cloudera Data Science Workbench.
  • Enhances partnerships with public cloud vendors and systems integrators.
  • Expected to generate significant financial benefits and improved margins.

Hortonworks CEO Rob Bearden noted that together the companies will have a broader set of offerings.

“Together, we are well positioned to continue growing and competing in the streaming and IoT, data management, data warehousing, machine learning/AI and hybrid cloud markets,” he said.

The deal is expected to close in the first quarter of 2019, subject to stockholder approval from the two companies, U.S. antitrust clearance and other customary closing conditions.

When the merger is complete, the new entity’s leadership will be as follows: Cloudera’s Reilly as CEO; Hortonworks COO Scott Davidson will serve as COO; Hortonworks’ chief product officer (CPO), Arun Murthy, will serve as CPO; and Cloudera’s chief financial officer (CFO), Jim Frankola, will serve as CFO. The name of the combined company is yet to be released.

Current Hortonworks CEO Bearden will join the board of directors, along with three other existing Hortonworks directors; and another five directors, including Reilly, will come from Cloudera’s board of directors — for a total of nine. A 10th director will be selected by the combined board.

Tags: Agents Cloud Service Providers MSPs VARs/SIs Analytics Cloud Data Centers IoT Mergers and Acquisitions Open Source Strategy

Most Recent


  • Opti9's Katlyn Taylor
    Channel People on the Move: Lumen, HPE, Fortinet, Five9, Comcast, More
    Plus, moves at Sangoma, Cato Networks, Avant Communications and many more.
  • Layoffs
    Storage Giant NetApp to Lay Off 960 Employees, 8% of Workforce
    CEO George Kurian said NetApp isn’t “immune” to the slowdown in IT spending.
  • Cloud security
    Radware Rolls Out New Partner Program Focused on Cloud Security
    Radware plans to continue growing its partner ecosystem and expanding its reach into new markets.
  • data center
    BT Group Migrates Mainframes to the Cloud with Kyndryl
    BT targets $21 million in annual savings from a reduction in mainframe operating costs.

Leave a comment Cancel reply

-or-

Log in with your Channel Futures account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

Related Content

  • Satya Nadella at Microsoft Build 2021
    Microsoft Advances Cloud-Native Solutions in Hybrid Scenarios
  • Racism on blackboard
    Shocking Case of Racially Abusive Bullying Exposed at Tech Giant
  • IPO
    iboss Could Join KnowBe4, Darktrace, Datto, Others in Tech IPO Onslaught
  • Cybersecurity globe
    Unexpected Threats Emerge in Latest Cato Network Security Analysis

Upcoming Events

View all

Channel Partners Conference & Expo

May 1, 2023 - May 4, 2023

Channel Partners Europe

June 13, 2023 - June 14, 2023

Channel Futures Leadership Summit

October 30, 2023 - November 2, 2023

Galleries

View all

Channel People on the Move: Lumen, HPE, Fortinet, Five9, Comcast, More

January 31, 2023

Kaspersky Study: Dark Web Ads Offer Jobs, Careers in Cyber Crime

January 30, 2023

7 Channel People Making Waves This Week at 8×8, Intel, Google Cloud, RingCentral, More

January 27, 2023

Industry Perspectives

View all

5 Things to Look for in a UC Partner

January 31, 2023

The Benefits of Hiring an Investment Bank

January 30, 2023

Make the Most of the Gift of Time in 2023

January 25, 2023

Webinars

View all

Next-Generation MSP Platform: The Building Blocks for Your Business

February 15, 2023

How To Boost Your Business With White-Label UCaaS

February 28, 2023

Security Secrets of the MSP 501: How to Be a Cyber Leader in 2023

December 15, 2022
  • 1

White Papers

View all

Overcoming Your Endpoint Security Limitations with a Skeleton Crew

October 25, 2022

Embracing the Zero Trust Mindset For Endpoints

October 24, 2022

Endpoints are the Destination

October 24, 2022

Channel Futures TV

View all

Coffee with Craig and James Episode 117: Cato Networks, Video Killed the Podcast Stars

Retired Astronaut Capt. Scott Kelly Previews His CP Expo Keynote

December 21, 2022

Fusion Connect Eyes Future with Intrado UC, Managed Network Customers

September 23, 2022

RingCentral Focused on Hybrid Work, Microsoft Teams, Other Integrations

September 23, 2022

Twitter

ChannelFutures

.@NetApp to lay off 8% of its workforce dlvr.it/ShlM8g https://t.co/hEQxHleCIk

January 31, 2023
ChannelFutures

.@radware rolls out enhanced partner program. #cloudsecurity dlvr.it/ShlLdC https://t.co/D2nGNUP8Q4

January 31, 2023
ChannelFutures

Channel #PeopleOnTheMove at @Avant_CCC @HPE_News @CatoNetworks @Sangoma @ooma @Fortinet and more.… twitter.com/i/web/status/1…

January 31, 2023
ChannelFutures

The $5.8 billion deal between @OpenText and @MicroFocus will result in layoffs. OpenText did not say when they will… twitter.com/i/web/status/1…

January 31, 2023
ChannelFutures

Have you checked out the #CPExpo & #MSPSummit Digital #EventBrochure yet? Learn everything you need to know about t… twitter.com/i/web/status/1…

January 31, 2023
ChannelFutures

.@observeAI launches Real-Time AI for agents. When implemented, the #AI can reduce customer frustration by up to 82… twitter.com/i/web/status/1…

January 31, 2023
ChannelFutures

Unified communications (UC) technologies are essential in a continuously evolving digital world. @NEC_corp… twitter.com/i/web/status/1…

January 31, 2023
ChannelFutures

As technology changes the face of business worldwide 🌍, Channel Futures is recognizing these 20 EMEA channel leader… twitter.com/i/web/status/1…

January 31, 2023

MSP 501

The industry's largest and most comprehensive partner awards program.

Newsletters and Updates

Sign up for The Channel Report, Channel Futures Update, MSP 501 Newsletter and more.

Live Channel Events

Get the latest information on the next industry-leading Channel Partners event.

Galleries

Educational slide shows and images from live events.

Media Kit And Advertising

Want to reach our audience? Access our media kit.

DISCOVER MORE FROM INFORMA TECH

  • Channel Partners Events
  • Telecoms.com
  • MSP 501
  • Black Hat
  • IoT World Today
  • Omdia

WORKING WITH US

  • Contact
  • About Us
  • Advertise
  • Newsletter

FOLLOW Channel Futures ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookie Policy
  • Terms
Copyright © 2023 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X