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Confluent, which commercializes the Apache Kafka open-source software, spun out of LinkedIn in 2014. The start-up was LinkedIn's first corporate investment. Microsoft, which now owns LinkedIn, is benefiting from Confluent's rapid growth.
The combination was valued at about $5.2 billion when it was announced in October but the combined value of the companies had dropped to less than $3 billion by the completion of the deal this week.
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 .
SANTA CLARA, Calif., Dec. 17, 2018 /PRNewswire/ -- Hortonworks, Inc.® (HDP), a leading provider of global data management solutions, today announced it has been named the winner of the third annual Ford IT Innovation Award. The honor recognizes Hortonworks' innovation with Apache Hadoop®, its collaboration with Ford Motor Company and its dedication to the open-source community. It is based on the significant technological innovation and demonstrated business impact that Hortonworks Data Platform (HDP) and Hortonworks DataFlow (HDF) have made on Ford's big data and mobility initiative.
Red Hat's (RHT) third-quarter fiscal 2019 earnings are likely to benefit from robust traction of OpenShift and Ansible, and strong cross-selling, driven by an expanding partner base.
Insider Monkey finished processing more than 700 13F filings made by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of September 30th. What do these smart investors think about Hortonworks Inc (NASDAQ:HDP)? Hortonworks Inc (NASDAQ:HDP) investors should be aware of an increase in activity from the world’s largest hedge funds […]
NEW YORK, Dec. 11, 2018 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
, a little-known small-cap cloud software company, blew earnings estimates out of the water, sending the stock up 11.69% to $12.94 a share on Thursday. "We are pleased with our execution in Q3 and our progress on the strategic combination we have announced with Hortonworks," said CEO Tom Reilly. Cloudera announced in October it was buying Hortonworks Inc.
If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Hortonworks (HDP).
Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the Northern District of California, case No. 18-cv-06923, on behalf of shareholders of Hortonworks, Inc. (“Hortonworks” or the “Company”) (HDP) who have been harmed by Hortonworks’ and its board of directors’ (the “Board”) alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) in connection with the proposed merger of the Company with Cloudera, Inc. (“Cloudera”).
Jim Cramer races through his answers to callers' stock questions, including one on a software play ahead of the company's earnings report.
NEW YORK, Nov. 27, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
NEW YORK, Nov. 26, 2018 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Hortonworks, Inc. (“Hortonworks” or.
PALO ALTO, Calif. and SANTA CLARA, Calif., Nov. 19, 2018 /PRNewswire/ -- Cloudera, Inc. (CLDR) and Hortonworks, Inc. (HDP) jointly announced today that the U.S. Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), in connection with their previously announced merger. The termination of the waiting period under the HSR Act satisfies one of the conditions to the closing of the merger, which remains subject to other closing conditions in the Agreement and Plan of Merger and Reorganization, dated as of October 3, 2018, by and among Cloudera, Inc., Surf Merger Corporation, and Hortonworks, Inc. Cloudera and Hortonworks plan to hold their respective shareholder meetings to vote on the proposed merger in late December 2018 with the completion of the merger to follow soon thereafter.
NEW YORK, Nov. 16, 2018 -- Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims on behalf of stockholders of Hortonworks, Inc., Esterline.
NEW YORK, NY / ACCESSWIRE / November 13, 2018 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a boutique securities firm headquartered at the Empire State Building in New ...