• Instagram media #KKR, CD&R to #acquire #Cloudera for $4.7bn

#technews #news #technoliquid 

#Cloud-based analytics #company #cloudera Inc private will be acquired by equity firms KKR and CD&R for $4.7 bn. As the demand for cloud-based services has grown, tech giants like #google, #amazon are looking to provide services like Cloudera. The largest investor of Cloudera is activist #investor Carl Icahn who holds about 17.8% of Cloudera's total shares. The deal is to be completed in the latter half of the year with a 30-days go-shop period.

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    #KKR, CD&R to #acquire #Cloudera for $4.7bn #technews #news #technoliquid #Cloud-based analytics #company #cloudera Inc private will be acquired by equity firms KKR and CD&R for $4.7 bn. As the demand for cloud-based services has grown, tech giants like #google, #amazon are looking to provide services like Cloudera. The largest investor of Cloudera is activist #investor Carl Icahn who holds about 17.8% of Cloudera's total shares. The deal is to be completed in the latter half of the year with a 30-days go-shop period.

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