Announced
Financials
Sources
Tags
Private
software solutions
Acquisition
United States
Natural
Pending
Software
Single Bidder
Synopsis
Cloudera, the enterprise data cloud company, has agreed to acquire certain assets of Arcadia Data, which provides software solutions. Financial terms were not disclosed. “Arcadia Data and Cloudera have many joint customers, and integrating our technology into Cloudera’s platform will make it even easier for enterprises to receive the insights they need to drive intelligent business decisions. Our joint expertise with Cloudera will benefit customers and foster enhanced innovation, as end-users will be able to act on data insights more quickly than ever before.” Sushil Thomas, Arcadia Data CEO.
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