Cloudera today shed more light on its strategy to develop a unified flagship offering called Cloudera Data Platform, which is core to its emerging "enterprise data cloud" strategy. It also announced plans to maintain existing Hortonworks and Cloudera platforms into 2022 and to cross-pollinate existing products in the meantime. Cloudera's new CDP platform will run and be supported on-premises, on private clouds, on the five biggest public clouds run by Amazon, Microsoft, Google, IBM, and Oracle, and any combination thereof, the company said today. The timeline for delivery of CDP was not disclosed. The company, which completed its merger with Hortonworks last week, revealed that it's planning two iterations of CDP, which the company had previously referred to as its "Unity" release.
Cloudera and Hortonworks are merging operations in a $5.2 billion deal. The merger combines Cloudera's focus on data warehousing and machine learning with Hortonworks efforts in data management. While described as a "merger of equals," Cloudera shareholders will control 60 percent of the combined entity. Hortonworks shareholders will receive 1.305 common shares of Cloudera for each share of Hortonworks stock owned. Cloudera's stock surged more than 24 percent in after-hours trading to $21.25 per share.
The two leading Hadoop-based big data platforms, Cloudera and Hortonworks, are to merge. In a joint statement, the two firms say the merger is "as a strategic combination [that] accelerates market development, fuels innovation and produces a substantial benefit for customers, partners and community." For the last two or three years, the main Hadoop vendors (although none of them mention Hadoop much these days) have been seeking to differentiate themselves product-wise through proprietary add-ons in the case of Cloudera and MapR and rigorous adherence to the Apache stable in Hortonworks' case. RedR has had its own proprietary file system from the beginning, which has always set it apart on a more fundamental level, but for Hortonworks and Cloudera the differences in their ecosystems have always felt more cosmetic with little to choose between them. On that level at least, therefore, the merger makes sense.
Back in October it was announced that Cloudera and Hortonworks had agreed on a merger, bringing together two heavily VC-backed companies specialising in enterprise versions of open source big data technologies, specifically Hadoop and Spark, under one roof. "I cofounded Cloudera a decade ago," said Mike Olson, chief strategy officer, Cloudera, "with the conviction that big data would be a big deal for large enterprises and I am genuinely excited at the prospect of bringing the companies together." Olson added that the merger will not "fundamentally" change how he thinks about the industry and where it is headed. "We have been focused on storing and managing and analysing data at scale and have been active participants and contributors to the open source ecosystem for 10 years now," he said. "All of that is driven out of a conviction that large enterprises have more data than ever before and need to analyse it in ways that weren't available."