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New Deal


Announced

Cloudera to acquire Datacoral and Cazena.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Pending

SaaS software

United States

Majority

Friendly

Single Bidder

Private

Domestic

Acquisition

Synopsis

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Cloudera, a US-based company that provides an enterprise data cloud, agreed to acquire Datacoral and Cazena, two providers of software solutions. Financial terms were not disclosed. "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," Rob Bearden, Cloudera CEO.

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