Intel Corporation (Nasdaq: INTC.O) has made a “significant” equity investment in Cloudera, a Palo Alto, CA-based provider of enterprise analytic data management platform powered by Apache Hadoop™.
The investment, which followed a just announced $160m financing (read here), made Intel Cloudera’s largest strategic shareholder and a member of its board of directors.
The two companies also announced a broad strategic technology and business collaboration, which will join Cloudera’s enterprise analytic data management software powered by Apache Hadoop™ with the data center architecture based on Intel® Xeon® technology.
According to a note: “Cloudera will develop and optimize Cloudera’s Distribution including Apache Hadoop (CDH) for Intel architecture as its preferred platform and support a range of next-generation technologies including Intel fabrics, flash memory and security. In turn, Intel will market and promote CDH and Cloudera Enterprise to its customers as its preferred Hadoop platform. Intel will focus its engineering and marketing resources on the joint roadmap. The optimizations from Intel’s Distribution for Apache Hadoop/Intel Data Platform (IDH/IDP) will be integrated into CDH and IDH/IDP and will be transitioned after v3.1 release at the end of March. To ensure a seamless customer transition to CDH, Intel and Cloudera will work together on a migration path from IDH/IDP. Cloudera will also ensure that all enhancements will be contributed to their respective open source projects and CDH“.
The collaboration aims to enhance both Intel data center and Internet of Things (IoT) technology initiatives by enabling customers to manage and analyze machine-generated data from a variety of sources, spanning sensors to gateways and a range of devices. Both companies remain committed to the open source community behind Hadoop and will execute joint go-to-market strategies that include coordinated product, channel and sales programs.
Both the equity investment and the strategic collaboration are subject to standard closing conditions, including customary regulatory approvals.
FinSMEs
30/03/2014