Hadoop

CLOUDERA ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of CLDR and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, June 3, 2021
Financial markets, Finance, Stock market, Corporate finance, Hadoop, Cloud infrastructure, Cloudera, Kohlberg Kravis Roberts, Security, Derivative, Stock

On June 1, 2021, Cloudera announced that it had signed an agreement to be acquired by CD&R and KKR for approximately $5.3 billion.

Key Points: 
  • On June 1, 2021, Cloudera announced that it had signed an agreement to be acquired by CD&R and KKR for approximately $5.3 billion.
  • Pursuant to the merger agreement, Cloudera stockholders will receive $16 in cash for each share of Cloudera common stock owned.
  • Bragar Eagel & Squire is concerned that Clouderas board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Cloudera, Inc. Merger

Retrieved on: 
Tuesday, June 1, 2021
Cloud infrastructure, Cloudera, Hadoop, Computing, Information technology, Computer companies

WILMINGTON, Del., June 01, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A.

Key Points: 
  • WILMINGTON, Del., June 01, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A.
  • Under the terms of the agreement, Clouderas shareholders will receive $16.00 in cash per share.
  • To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-cloudera-inc .
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] .

Cloudera Reports First Quarter Fiscal 2022 Financial Results

Retrieved on: 
Tuesday, June 1, 2021
Cloud infrastructure, Cloudera, Hadoop, Computing, Fiscal year, Net operating loss, Information technology, Computer companies

SANTA CLARA, Calif., June1, 2021 /PRNewswire/ --Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, reported results for its first quarter of fiscal 2022, ending April30, 2021.

Key Points: 
  • SANTA CLARA, Calif., June1, 2021 /PRNewswire/ --Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, reported results for its first quarter of fiscal 2022, ending April30, 2021.
  • "Our strong fiscal first quarter results reflect continued CDP momentum and customer enthusiasm for our market leading hybrid multi-cloud solution-set," said Rob Bearden, chief executive officer of Cloudera.
  • GAAP loss from operations for the first quarter of fiscal 2022 was $33.8 million, compared to $55.8 million for the first quarter of fiscal 2021
    Non-GAAP income from operations for the first quarter of fiscal 2022 was $42.5 million, compared to $17.3 million for the first quarter of fiscal 2021
    Operating cash flow for the first quarter of fiscal 2022 was $162.2 million, compared to $68.4 million for the first quarter of fiscal 2021
    GAAP net loss per share for the first quarter of fiscal 2022 was $0.14, compared to $0.20 for the first quarter of fiscal 2021
    Non-GAAP net income per share for the first quarter of fiscal 2022 was $0.12, compared to $0.05for the first quarter of fiscal 2021
    A reconciliation of GAAP to non-GAAP financial measures has been provided in the financial statement tables included in this press release.
  • Additionally, Cloudera will not provide financial guidance for the second quarter of fiscal 2022, and will not provide any further financial guidance with respect to fiscal year 2022.

Cloudera Agrees to Acquire SaaS Companies Datacoral and Cazena

Retrieved on: 
Tuesday, June 1, 2021
Cloud computing, Computing, Cloud infrastructure, IT infrastructure, Hadoop, Cloudera, Cloud applications, Software as a service

SANTA CLARA, Calif., June 1, 2021 /PRNewswire/ -- Cloudera , (NYSE: CLDR), the enterprise data cloud company, today announced that it has agreed to acquire Datacoral and Cazena in two separate transactions.

Key Points: 
  • SANTA CLARA, Calif., June 1, 2021 /PRNewswire/ -- Cloudera , (NYSE: CLDR), the enterprise data cloud company, today announced that it has agreed to acquire Datacoral and Cazena in two separate transactions.
  • Datacoral adds an easy-to-use SaaS platform to the Cloudera CDP portfolio that provides simple, reliable access to more than 80 common data sources.
  • Purpose-built and optimized for the cloud, Cazena's SaaS offerings enable Cloudera customers to easily and cost-effectively migrate to CDP for Public Cloud.
  • Powered by its patented and fully-automated Open SaaS Data platform, Cazena delivers the first SaaS experience for data lakes zero operations required.

Cloudera Enters into Definitive Agreement to be Acquired by Clayton, Dubilier & Rice and KKR for $5.3 Billion

Retrieved on: 
Tuesday, June 1, 2021
Articles, Business, Hadoop, Cloud infrastructure, Cloudera, Companies, Kohlberg Kravis Roberts, Mergers and acquisitions, Board of directors

The transaction will result in Cloudera becoming a private company and is expected to close in the second half of 2021.

Key Points: 
  • The transaction will result in Cloudera becoming a private company and is expected to close in the second half of 2021.
  • The Board of Directors of Cloudera (the "Board") has unanimously approved the transaction and recommends that the Cloudera shareholders approve the transaction and adopt the merger agreement.
  • Closing of the deal is subject to customary closing conditions, including the approval of Cloudera shareholders and antitrust approval.
  • For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at www.kkr.com and on Twitter @KKR_Co.

Cloudera to Participate in Upcoming Financial Conference

Retrieved on: 
Tuesday, May 25, 2021
Hadoop, Computing, Cloud infrastructure, Cloudera, Information technology, Computer companies

SANTA CLARA, Calif., May 25, 2021 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, announced that company executives will participate at an upcoming financial conference.

Key Points: 
  • SANTA CLARA, Calif., May 25, 2021 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, announced that company executives will participate at an upcoming financial conference.
  • At Cloudera, we believe that data can make what is impossible today, possible tomorrow.
  • Cloudera delivers an enterprise data cloud for any data, anywhere, from the Edge to AI.
  • Cloudera andassociated marks are trademarks or registered trademarks of Cloudera, Inc. All other company and product names may be trademarks of their respective owners.

WANdisco Deepens Product Integration with Databricks to Accelerate Time to Value for Cloud-Scale Analytics

Retrieved on: 
Monday, May 24, 2021
Computing, Information technology, Data, Hadoop, Databricks, Data management, WANdisco, Apache Hadoop, High-performance Integrated Virtual Environment, Hive, Draft:Delta Lake

Accelerate time to business insights by eliminating the need for manual data mappings with direct, native access to structured data in Databricks from on-premises environments.

Key Points: 
  • Accelerate time to business insights by eliminating the need for manual data mappings with direct, native access to structured data in Databricks from on-premises environments.
  • Use a single pane of glass to manage both Hadoop data and Hive metadata migrations.
  • Ongoing changes to source metadata are reflected immediately in Databricks' Lakehouse platform, and on-premises data formats used in Hadoop and Hive are automatically made available in Delta Lake on Databricks.
  • "This new feature brings together the power of Databricks and WANdisco LiveData Migrator," said WANdisco CTO Paul Scott-Murphy.

Cloudera Data Platform Public Cloud Achieves ISO 27001 Certification

Retrieved on: 
Tuesday, May 18, 2021
Cloud infrastructure, Computing, Hadoop, Information technology, Cloudera, Technology, ISO/IEC 27001, Cloud computing

b'SANTA CLARA, Calif., May 18, 2021 /PRNewswire/ -- Cloudera , (NYSE: CLDR), the enterprise data cloud company, today announced that it has successfully achieved ISO 27001 certification for Cloudera Data Platform Public Cloud, building upon its extensive portfolio of security certifications (including SOC 2 Type II and TISAX).\nAccording to IDC 1, spending on public cloud IT infrastructure increased 13.1% year over year in the third quarter of 2020, reaching $13.3 billion.

Key Points: 
  • b'SANTA CLARA, Calif., May 18, 2021 /PRNewswire/ -- Cloudera , (NYSE: CLDR), the enterprise data cloud company, today announced that it has successfully achieved ISO 27001 certification for Cloudera Data Platform Public Cloud, building upon its extensive portfolio of security certifications (including SOC 2 Type II and TISAX).\nAccording to IDC 1, spending on public cloud IT infrastructure increased 13.1% year over year in the third quarter of 2020, reaching $13.3 billion.
  • Companies trust Cloudera with their most sensitive data on-premises, and with this certification, they can be confident in securing their data on Cloudera Data Platform\'s Public Cloud.\nISO/IEC 27001 is an information security management system standard (ISMS) published by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC).
  • With Cloudera Data Platform\'s Public Cloud, organizations can leverage a hybrid multi-cloud architecture and enhanced value proposition for companies who plan to take advantage of public cloud infrastructure for sensitive data workloads.\nAt Cloudera, we believe that data can make what is impossible today, possible tomorrow.
  • Cloudera delivers an enterprise data cloud for any data, anywhere, from the Edge to AI.

Cloudera Sets Date to Announce First Quarter Fiscal Year 2022 Results

Retrieved on: 
Thursday, May 13, 2021
Hadoop, Computing, Cloud infrastructure, Cloudera, Information technology, Computer companies, Domain driven data mining

After registering, instructions will be provided for joining the call.\nAt Cloudera, we believe that data can make what is impossible today, possible tomorrow.

Key Points: 
  • After registering, instructions will be provided for joining the call.\nAt Cloudera, we believe that data can make what is impossible today, possible tomorrow.
  • We empower people to transform complex data into clear and actionable insights.
  • Cloudera delivers an enterprise data cloud for any data, anywhere, from the Edge to AI.
  • Powered by the relentless innovation of the open source community, Cloudera advances digital transformation for the world's largest enterprises.

Cloudera Announces New Storage Certification for Cloudera Data Platform Private Cloud

Retrieved on: 
Thursday, May 6, 2021
Computing, Cloud infrastructure, Computer companies, Information technology, Hadoop, Cloudera, Dell EMC Isilon, Dell EMC, Cloud computing

b'SANTA CLARA, Calif., May 6, 2021 /PRNewswire/ -- Cloudera , (NYSE: CLDR), the enterprise data cloud company, today announced the successful completion of the Quality Assurance Test Suite (QATS) certification of Dell EMC PowerScale/Isilon 8.2.2 on Cloudera Data Platform Private Cloud .

Key Points: 
  • b'SANTA CLARA, Calif., May 6, 2021 /PRNewswire/ -- Cloudera , (NYSE: CLDR), the enterprise data cloud company, today announced the successful completion of the Quality Assurance Test Suite (QATS) certification of Dell EMC PowerScale/Isilon 8.2.2 on Cloudera Data Platform Private Cloud .
  • Cloudera Data Platform on Dell EMC PowerScale helps businesses incorporate shared storage configurations best suited for flexibility, scalability, cost efficiency and anytime, anywhere data access.\n"In response to rapid accumulation of data, companies are separating compute and storage to optimize scalability and better harness data insights," said Gary Green, Vice President of Strategic Partnerships, Cloudera.
  • "The validation and certification of Dell EMC PowerScale on enterprise data cloud helps companies do more with their data, providing storage solutions designed to facilitate the agility and scalability needed to operate in any environment.
  • Cloudera delivers an enterprise data cloud for any data, anywhere, from the Edge to AI.