Cloudera
The business, the turning points, and the decisions behind them.
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Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
Cloudera was an enterprise big-data software company founded in 2008 that built a platform for managing and analyzing large-scale data across hybrid and multi-cloud environments. Born out of the Hadoop ecosystem, it grew into a public company (IPO in 2017), merged with rival Hortonworks in 2019, and positioned itself as an enterprise data cloud provider serving large organizations.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Cloudera was founded in California to commercialize Hadoop, the open-source big-data framework.
- IPO
Cloudera went public on the New York Stock Exchange in April 2017.
- Hortonworks merger
Cloudera merged with Hadoop rival Hortonworks in an all-stock deal valued at about $5.2 billion.
- Taken private
Cloudera agreed in June 2021 to be acquired by affiliates of Clayton, Dubilier & Rice and KKR in an all-cash deal valued at approximately $5.3 billion. The deal closed on October 8, 2021, the company's stock ceased trading on the NYSE, and Cloudera continued operating as a private company under CEO Rob Bearden.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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