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Cloudera signs strategic agreement with AWS to drive enterprise generative AI, ET Telecom

Under this agreement, Cloudera said Thursday that it seeks to accelerate and scale cloud-native data management and data analytics on AWS. ....

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Cloudera Agrees to $5.3 Billion Private-Equity Takeover Led by KKR

Original:
Cloudera (
CLDR) - Get Report shares surged higher Tuesday after a group of private-equity investors, led by KKR, agreed to a $5.3 billion takeover of the cloud computing and data analytics group.
Kohlberg Kravis Roberts & Co and Clayton Dubilier & Rice LLC said they will pay $16 a share in cash for Palo Alto, California-based Cloudera, a 24.4% premium to its Friday closing price, and expects the deal to close in the second half of 2021.
Cloudera had been the subject of a number of potential takeovers following pressure from activist investor Carl Icahn, who built an 18.4% stake in the group in 2019 and placed two affiliates Nicholas Graziano and Jesse Lynn appointed to Cloudera s expanded ten-person board in exchange for limiting is stake in the group to under 20%. ....

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It's official: Cloudera is going private in $5.3B acquisition

It’s official: Cloudera is going private in $5.3B acquisition - SiliconANGLE ....

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