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Cloudera Agrees to $5.3 Billion Private-Equity Takeover Led by KKR


Original:
Cloudera  (
CLDR) - Get Report shares surged higher Tuesday after a group of private-equity investors, led by KKR, agreed to a $5.3 billion takeover of the cloud computing and data analytics group.
Kohlberg Kravis Roberts & Co and Clayton Dubilier & Rice LLC said they will pay $16 a share in cash for Palo Alto, California-based Cloudera, a 24.4% premium to its Friday closing price, and expects the deal to close in the second half of 2021.
Cloudera had been the subject of a number of potential takeovers following pressure from activist investor Carl Icahn, who built an 18.4% stake in the group in 2019 and placed two affiliates  Nicholas Graziano and Jesse Lynn appointed to Cloudera s expanded ten-person board in exchange for limiting is stake in the group to under 20%. ....

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Data Governance Market Value Could Exceed $5 Billion By 2025


Data Governance Market Value Could Exceed $5 Billion By 2025
Financialnewsmedia.com News Commentary
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PALM BEACH, Fla., Jan. 21, 2021 /PRNewswire/ In spite of the recent global pandemic, the global data governance market has been growing and is expected to continue for years to come. Data governance is a set of processes that ensures the systematic management and protection of important and critical data throughout the organization. It ensures trusted information is used for accounting, decision-making, and other critical business processes. With the advent of several data regulations by governments, it has become more critical than ever to ensure data within an organization is stored, used, and discarded appropriately. Organizations wish to achieve data regulation compliance to observe international and national laws and standards, along with industry-specific regulatory data requirements. Several US states are developing legi ....

Saudi Arabia , Jesse Lynn , Rob Bearden , Jason Remillard , Gary Huhas , Kurpal Sandhu , Nicholas Graziano , Marc Potter , Communications In Cyberspace , Oracle Corporation , Actian Corporation , Fn Media Group , Consortium Management Group Inc , Risk Mitigation Inc , Icahn Enterprises , Cloudera Inc , Palantir Technologies Inc , Consortium For , Company Board Of Directors , Snowflake Inc , Exchange Commission , Securities Exchange , Army Tactical Intelligence Targeting Access Node , General Data Protection Regulation , Active Companies , Palantir Technologies ,

Financial News Media | Data Governance Market Value Could Exceed $5 Billion By 2025


Palm Beach, FL – January 21, 2021 – In spite of the recent global pandemic, the global data governance market has been growing and is expected to continue for years to come. Data governance is a set of processes that ensures the systematic management and protection of important and critical data throughout the organization. It ensures trusted information is used for accounting, decision-making, and other critical business processes. With the advent of several data regulations by governments, it has become more critical than ever to ensure data within an organization is stored, used, and discarded appropriately. Organizations wish to achieve data regulation compliance to observe international and national laws and standards, along with industry-specific regulatory data requirements. Several US states are developing legislation and passing laws about data privacy that are similar to the General Data Protection Regulation (GDPR). Data governance solutions enable business users ac ....

Saudi Arabia , Jesse Lynn , Rob Bearden , Jason Remillard , Gary Huhas , Kurpal Sandhu , Nicholas Graziano , Marc Potter , Communications In Cyberspace , Oracle Corporation , Actian Corporation , Fn Media Group , Consortium Management Group Inc , Risk Mitigation Inc , Icahn Enterprises , Cloudera Inc , Palantir Technologies Inc , Consortium For , Company Board Of Directors , Snowflake Inc , Exchange Commission , Securities Exchange , Army Tactical Intelligence Targeting Access Node , Data Governance Market Value Could Exceed , General Data Protection Regulation , Active Companies ,