Cloudera, the enterprise data cloud company, announced that it has agreed to acquire Datacoral and Cazena in two separate transactions.
The additions of Datacoral and Cazena will support the evolution of Cloudera’s public cloud offering and expand Cloudera’s market opportunity as the company moves beyond big data to self-service. The two acquisitions mark an important milestone as Cloudera continues to execute its strategic plan to build a leader in the hybrid cloud space, the company said in a statement.
Rob Bearden, Chief Executive Officer of Cloudera, said: “The acquisitions will enable Cloudera to usher in a new era of low-code, no-code self-service by automating complex operations – enabling our customers to focus on getting value from their data rather than configuring, operating and managing the underlying infrastructure. Both businesses will enable our combined customers to enjoy a reduction in complexity and faster time to value for their data initiatives, leading to improved insights, faster innovation, and stronger engagements with their customers and partners.”
“The combination of Cloudera’s robust platform with a cloud-native, ETL solution like Datacoral, offers a powerful solution to today’s self-service analytics challenge,” said Datacoral Founder and CEO Raghotham Murthy, who built out Facebook’s data infrastructure during its explosive growth years of 2008-2013. “I’m very excited to be joining the Cloudera team to help the no-code, low-code era become a reality.”
“Extending the Cloudera platform to a SaaS delivery model fulfills Cazena’s vision of enabling businesses to easily speed up their time to insight by focusing on their data rather than operating the infrastructure necessary to manage it – we make CDP easier to operate and consume for all enterprises,” said Cazena Founder and CEO Prat Moghe. “I look forward to working with the Cloudera team to offer a simplified experience that helps customers use all their data faster and more effectively.”
The acquisitions are expected to close in Cloudera’s current fiscal 2022 second quarter, ending July 31, 2021, subject to customary closing conditions.
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