Cloudera

Cloudera delivers an Enterprise Data Cloud for any data, anywhere, from the Edge to AI.Cloudera was founded in 2008 by some of the brightest minds at Silicon Valley’s leading companies, including Google (Christophe Bisciglia), Yahoo! (Amr Awadallah), Oracle (Mike Olson), and Facebook (Jeff Hammerbacher). Doug Cutting, co-creator of Hadoop, joined the company in 2009 as Chief Architect and remains in that role. Today, Cloudera has more than 1,600 employees. They have offices in 24 countries around the globe, with their headquarters in Palo Alto, California.

Cloudera develops a data management and analytics platform. They specialize in delivering a hybrid data platform with secure data management and cloud-native data analytics. They provide software subscriptions and public cloud services. They also provide clients with professional services for the implementation and use of software subscriptions, machine learning expertise, consultation, training, and education services.

CLDR stock bounced exactly where it needed. But now it needs a bit of retracement and consolidation to make for better short-term footing.

Cloudera Breakout Opportunity Is Looming for Patient Investors

NEW YORK, June 4, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Cloudera, Inc. ("CLDR" or the "Company") (NYSE: CLDR) relating to its proposed acquisition by affiliates of Clayton, Dubilier & Rice, LLC and Kohlberg Kravis Roberts & Co. L.P. Under the terms of the agreement, CLDR shareholders will receive $16.00 in cash per share they own.

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Cloudera, Inc. - CLDR

Cloudera's (CLDR) first-quarter fiscal 2022 results reflect quick adoption of its cloud-based products and services.

Cloudera's (CLDR) Q1 Earnings and Revenues Beat, Improve Y/Y

The data software company is selling itself for barely more than its IPO price.

Cloudera Was a Dud for Investors

When Cloudera announced its sale to a pair of private equity firms yesterday for $5.3 billion, along with a couple of acquisitions of its own, the company detailed a new path that could help it drive back towards relevance in the big data market. When the company launched in 2008, Hadoop was in its early […]

With buyout, Cloudera hunts for relevance in a changing market

The cloud data company is being taken private.

Why Cloudera Stock Soared Today

Cloudera said on Tuesday that it's being acquired by private equity firms in a deal valued at about $5.3 billion.

Private equity money keeps pouring into tech, as Cloudera becomes latest multibillion-dollar buyout

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The struggling big-data firm would get a chance to reorganize out of the public eye.

Cloudera Is Going Private in $5.3 Billion Deal Led by KKR

Cloudera (CLDR) stock is getting a major boost on Tuesday after a deal was announced to take the enterprise data cloud company private. The post CLDR Stock: 17 Things to Know About the Huge Cloudera Buyout Deal That Has Shares Skyrocketing Today appeared first on InvestorPlace.

CLDR Stock: 17 Things to Know About the Huge Cloudera Buyout Deal That Has Shares Skyrocketing Today

Cloudera stock jumped as much as 24% on Monday after the software company inked a $5.3 billion deal with private-equity firms KKR & Co. and Clayton Dubilier & Rice to go private. The private equity firms are set to pay $16 a share in cash to Cloudera investors as a part of the deal, representing a roughly 24% premium to Friday's closing price.

Cloudera stock jumps 24% after KKR, CD&R ink $5.3 billion deal to take the software company private (CLDR)

Canopy Growth

Here's a quick look at a couple of earnings reports that were released before Tuesday's opening bell.

Earnings Hits and Misses: Canopy Growth, Cloudera

The shares of Cloudera Inc (NYSE: CLDR) are surging this morning, up 24.2% at $15.96 at last check, after the cloud name reported better-than-expected first-quarter earnings, as well as revenue that was in line with expectations.

Cloudera Stock Skyrockets on Billion-Dollar Acquisition

Cloudera Inc. (NYSE: CLDR), a provider of enterprise data cloud platform, announced today that it has entered into a definitive agreement to be acquired by investment firms — Clayton, Dubilier & Rice (CD&R) and KKR. This will be an all-cash transaction.

Cloudera agrees to be acquired at 24% premium

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Cloudera, Inc. (NYSE: CLDR) to affiliates of Clayton, Dubilier & Rice (“CD&R”) and KKR for $16.00 in cash per share is fair to Cloudera shareholders. Halper Sadeh encourages Cloudera shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Cloudera Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Cloudera, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – CLDR

Cloudera was once one of the hottest Hadoop startups, but over time the shine has come off that market, and today it went private as KKR and Clayton, Dubilier & Rice, a pair of private equity firms announced they intended to purchase Cloudera for $5.3 billion. The company has a market cap of around $3.7 […]

Cloudera to go private as KKR & CD&R grab it for $5.3B

Enterprise data cloud company Cloudera is set to become a private company once again after receiving a $5.3 billion bid from KKR and CD&R.

Cloudera to go private in $5.3B deal

KKR & Co Inc (NYSE: KKR) and Clayton Dubilier & Rice LLC (CD&R) confirmed an agreement to acquire Cloudera Inc (NYSE: CLDR) in an all-cash transaction valued at $5.3 billion. Cloudera will become a private company under the arrangement.

KKR, CD&R To Acquire Cloudera At $5.3B Valuation

Cloudera (NYSE: CLDR) announced that it has entered into a definitive agreement to be acquired by affiliates of Clayton, Dubilier & Rice (CD&R) and KKR in an all-cash transaction valued at about $5.3 billion. These are the details.

Cloudera (CLDR) Enters Into Agreement To Be Acquired For $5.3 Billion: Details

Shares of Cloudera (NYSE:CLDR) rose 26.1% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 140.00% year over year to $0.12, which beat the estimate of $0.08.

Recap: Cloudera Q1 Earnings

SANTA CLARA, Calif., June 1, 2021 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, reported results for its first quarter of fiscal 2022, ending April 30, 2021.

Cloudera Reports First Quarter Fiscal 2022 Financial Results

SANTA CLARA, Calif., June 1, 2021 /PRNewswire/ -- Cloudera, (NYSE: CLDR), the enterprise data cloud company, today announced that it has entered into a definitive agreement to be acquired by affiliates of Clayton, Dubilier & Rice ("CD&R") and KKR in an all cash transaction valued at approximately $5.3 billion.

Cloudera Enters into Definitive Agreement to be Acquired by Clayton, Dubilier & Rice and KKR for $5.3 Billion

Cloudera to be bought by private equity firms at 24% premium

Shares of Cloudera Inc. soared 24.4% in premarket trading Tuesday, after the data management and analytics software company disclosed a deal to be acquired for $16 a share in cash by funds advised by Clayton, Dubilier & Rice LLC and Kohlberg Kravis Roberts & Co. L.P. The per-share bid represents a 24.4% premium to Friday's closing price of $12.86, and with 291.4 million shares outstanding, would value Cloudera at about $4.7 billion.

Cloudera's stock soars after deal to be bought for 24.4% premium by CD&R, KKR

The stock price of Cloudera Inc (NYSE: CLDR) increased by over 20% pre-market. This is why it happened.

News for Cloudera Stock (CLDR)