Hortonworks and Cloudera announce all-stock merger valuing the new company at $5.2B; the two companies helped commercialize Hadoop open-source big data software (Jordan Novet/CNBC)

Jordan Novet / CNBC:
Hortonworks and Cloudera announce all-stock merger valuing the new company at $5.2B; the two companies helped commercialize Hadoop open-source big data software  —  Cloudera stock jumped 17 percent on Wednesday after it announced an all-stock merger of equals with competitor Hortonworks.



from Techmeme http://www.techmeme.com/181003/p39#a181003p39