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2 mins read

Cloudera stock jumps 24% after KKR, CD&R ink $5.3 billion deal to take the software company private

Private-equity firms KKR & Co. and Clayton Dubilier & Rice will take Cloudera private in a $5.3 bil…

Will Daniel   


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1 min read

Cloudera Hints At IPO By Hiring A New CEO Who Took His Last Company Public Then Sold It For $1.5 Billion

"We’re building a company that we expect to stay independent and to lead the market for many years …

Julie Bort   


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1 min read

Enterprise data company Cloudera just began trading on the NYSE

Cloudera held a private round of fundraising in 2014 offering shares at $30.92, which valued the co…

Greg Hoffman   


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3 mins read

Cloudera founder: Why investors are 'thrilled' my company is worth $2 billion less after our IPO

Olsen still owns over 5 million shares, which amounts to 4% of the company. He is now the chief str…

Julie Bort   


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3 mins read

Cloudera crashes in its worst day ever after the company slashes sales outlook, announces CEO departure

"We have stubbornly stuck with Cloudera, as we felt concerns around competition were too severe," J…

Rebecca Ungarino   


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4 mins read

Intel could be down $400 million when Cloudera goes public ... and it only has itself to blame

In May, 2014, Intel paid $30 a share to buy a stake in Cloudera, pouring about $742 million into th…

Julie Bort   


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4 mins read

As its CEO prepares to step down, $1.4 billion Cloudera says it will start giving away all its software for free in a big change to its business

To defend against what they see as a threat from cloud platforms like Amazon Web Services and Aliba…

Rosalie Chan   


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5 mins read

Rosalie Chan   


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3 mins read

Cloudera, a record-breaking startup, is finally getting ready for its IPO

Hortonworks had a successful IPO in December 2014, but its stock price has struggled big time since…

Julie Bort   


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1 min read

Two public tech companies are about to merge, creating a $5.2 billion data processing giant - and their stock prices are soaring as high as 15%

Both companies specialize in the processing of very large amounts of data, using a technology calle…

Nick Bastone   


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2 mins read

Another Google exec just left for one of the hottest companies in Silicon Valley

Sturman's move marks another big name departure from Google in recent weeks. Earlier today, it was …

Eugene Kim   


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2 mins read

An investor has shredded the value of its stake in Dropbox, Cloudera and other billion-dollar startups

In many cases, the terms investors were offering startups in rounds that gave them such high billio…

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1 min read

The 13 richest enterprise startups

Just how big are their piles of money? Really, really big, with companies like Cloudera and Dropbox…

Matt Weinberger   


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3 mins read

The tech backlash against Indiana is growing as companies pull out of a big conference there

This news continues the tech industry's pushback against the act. Apple CEO Tim Cook has also taken…

Matt Weinberger   


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4 mins read

Benjamin Pimentel   


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2 mins read

10 things in tech you need to know today

Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for "Busi…

Isobel Asher Hamilton,Isobel …   


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2 mins read

STOCKS GO NOWHERE: Here's what you need to know

Goldman Sachs is among the worst performers on the Dow Jones industrial average this year, sliding …

Akin Oyedele   


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2 mins read

Morgan Stanley is hosting a huge talent competition for tech startups

The startups are nominated by venture capitalists, and compete in one of Morgan Stanley eight innov…

Matt Turner   


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3 mins read

'Investors are hungry,' says startup CEO who got $50 million thrown at him

"Most of the companies founded around 2007 to 2010, they got pulled into these bad business models …

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3 mins read

Dropbox, Jawbone, and Cloudera will be dragged to the IPO altar in 2016, says analyst

In the case of Dropbox, the file storage company has raised more than $1 billion at a $10 billion v…

Biz Carson