Rivals Cloudera, Hortonworks Merge as Battle With IoT Giants Looms, CEO Says - CIO Journal.

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The merger is estimated to give the combined firms an equity value of more than $5 billion

Cloudera Inc. and Hortonworks Inc. are joining forces to better compete with giant enterprise information-technology providers in the fast-growing market for Internet-of-Things, artificial intelligence and other digital business tools, executives from both firms say. Just don’t mention Hadoop – the open-source software framework that once underpinned the two Silicon Valley companies’ big-data rivalry. Cloudera, which […]