Thursday, October 4, 2018

Hortonworks and Cloudera announce all-stock merger valuing the new company at $5.2B; the two companies helped commercialize Hadoop open-source big data software (Jordan Novet/CNBC)

Jordan Novet / CNBC:
Hortonworks and Cloudera announce all-stock merger valuing the new company at $5.2B; the two companies helped commercialize Hadoop open-source big data software  —  Cloudera stock jumped 17 percent on Wednesday after it announced an all-stock merger of equals with competitor Hortonworks.



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Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)

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