The article itself isn't super-interesting, it's the headline that's relevant. Couple of thoughts:
- Cloudera and Hortonworks merged back in 2018. The line from the press release then: this transaction "will create the world’s leading next generation data platform provider." These were the two biggest pure-play companies in the Hadoop ecosystem combined into a single entity. The merger valued the combined entity at $5.2B USD.
- The company has decreased in value by $.5B over the past three years.
- Cloudera's revenue is in the same ballpark as both Snowflake and Databricks, but it's totally flat. Both SF and DB are growing revenue at >100% / year.
This is an incredibly clear nail in the Hadoop coffin.Read more...