World's Leading Next Generation Data Platform and Industry's First Enterprise Data Cloud

World's Leading Next Generation Data Platform and Industry's First Enterprise Data Cloud: Cloudera, Inc. (NYSE: CLDR) and Hortonworks, Inc. (Nasdaq: HDP) jointly announced today that they have entered into a definitive agreement under which the companies will combine in an all-stock merger of equals. The transaction, which has been unanimously approved by the Boards of Directors of both companies, will create the world’s leading next generation data platform provider, spanning multi-cloud, on-premises and the Edge. The combination establishes the industry standard for hybrid cloud data management, accelerating customer adoption, community development and partner engagement.

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

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