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Cloudera is gearing up to take on Amazon, but investors are skeptical

Jordan Novet

Cloudera's merger with rival Hortonworks closed on Thursday. Cloudera CLDR and Hortonworks HDP were bleeding cash as the two data software providers spent years going head-to-head to lure businesses onto their fledgling technology. As of Thursday, they can join forces against a common enemy: Amazon AMZN .