Menu Home

Intel Invests $740M In Cloudera As Part Of Broader Strategic Big Data Initiative

Interesting!

Cloud Computing Today

In a stunning move that is likely to shape the Big Data space for years, Intel recently decided to partner with Cloudera to support its Hadoop distribution rather than enhancing Intel’s own Hadoop distribution. Cloudera will optimize its Hadoop distribution (CDH) to work with Intel’s hardware technology and Intel, conversely, will promote CDH as the Hadoop distribution of choice of enterprise Big Data analytics and the internet of things. Meanwhile, Intel will contribute insights from its own Hadoop distribution to Cloudera’s Hadoop distribution (CDH) and the resulting integration will be rendered available as part of Cloudera’s open source Hadoop initiatives. The partnership between Intel and Cloudera also featured an equity investment by Intel between $740M to $760M that translates into an 18% ownership stake in Cloudera. The $740M invested by Intel brings Cloudera’s recent funding raises to roughly $900M subsequent to its $160M funding raise in mid-March. Intel will…

View original post 118 more words

Categories: Uncategorized

Chris Saunders

I am a Sr. Cloud Solutions Architect for Red Hat.

email chrisb@redhat.com
twitter @canadianchris

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: