Tableau completes a major revamp of its Tableau Partner Network partner program with Premier, Select and Member tiers for reseller and service partners.
Big Data Company Cloudera To Go Private In $5.3 Billion Deal
Cloudera is being acquired by private equity investment companies CD&R and KKR for $16.00 per share with the transaction expected to close by the end of 2021. By Rick Whiting June 01, 2021, 01:04 PM EDT
Cloud data management company Cloudera is being taken private in a $5.3 billion acquisition deal by private equity firm Clayton, Dubilier & Rice (CD&R) and global investment company KKR, Cloudera said Tuesday.
Under the definitive agreement Cloudera shareholders will be paid $16.00 per share in cash, which the company said represents a 24 percent premium to the May 28 closing price of the company’s stock and a 30 percent premium to the 30-day volume weighted average share price.
Snowflake Reports Triple-Digit Q1 Revenue Growth, Eyes Expanded Markets
Applications beyond data warehousing, EMEA and Asia-Pacific expansion, and targeted vertical industries are among the data cloud company’s ambitious plans. By Rick Whiting May 26, 2021, 06:56 PM EDT
Reporting triple-digit revenue growth for its just completed fiscal 2022 first quarter, data cloud service provider Snowflake continues to eye applications for its data cloud platform beyond its initial data warehouse target.
“Our original focus of targeting legacy data warehouse workloads is going strong. And that will continue indefinitely,” CEO Frank Slootman (pictured) said on an earnings call Wednesday to discuss the financial results. “That’s a tried-and-true strategy.”