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Cloudera And Hortonworks Complete Their Merger, Creating Big Data Platform Powerhouse

January 03, 2019 / Rick Whiting

Big data software developers Cloudera and Hortonworks completed their merger Thursday in a move the companies say creates a new enterprise data cloud provider powerhouse.Now the newly combined companies, operating under the Cloudera name, face the complex task of integrating their operations and rationalizing their respective product lines.Cloudera and Hortonworks announced the merger deal on Oct. 3, combining two of the leading providers of big data platforms and related data management tools. Shareholders of each company approved the deal in December, with Hortonworks shareholders receiving 1.305 common shares of Cloudera for each share of Hortonworks stock, leading to today's official completion of the merger.