Cloudera and Hortonworks Merge to Combine “Complementary” Offerings
Cloud service providers Cloudera and Hortonworks will join together in a “merger of equals”, after a unanimous decision by both companies’ boards. The tie-up’s intended purpose is for the companies to jointly create a next-generation data platform spanning multi-cloud, on-premises and hybrid infrastructures.
They also hope to accelerate customer adoption, community development and partner engagement. The companies believe their offerings are highly complementary and the merger will offer cross-selling opportunities, such as Hortonworks DataFlow and Cloudera Data Science Workbench.
“Our businesses are highly complementary and strategic,” said Tom Reilly, CEO of 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. This vision will enable our companies to advance our shared commitment to customer success in their pursuit of digital transformation.”
“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. Importantly, we will be able to offer a broader set of offerings that will enable our customers to capitalize on the value of their data,” added Rob Bearden, CEO of Hortonworks.