Tech Company M&A Transactions

Hortonworks Acquisition

Hortonworks, operating out of Santa Clara, was acquired by Cloudera. The transaction price was $5.2 billion.

Transaction Overview

Company Name
Acquired By
Announced On
10/4/2018
Transaction Type
M&A
Amount
$5,200,000,000
M&A Terms
Under the terms of the transaction agreement, Cloudera stockholders will own approximately 60% of the equity of the combined company and Hortonworks stockholders will own approximately 40%. Hortonworks stockholders will receive 1.305 common shares of Cloudera for each share of Hortonworks stock owned, which is based on the 10-day average exchange ratio of the two companies' prices through October 1, 2018. The companies have a combined fully-diluted equity value of $5.2 billion based on closing prices on October 2, 2018.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
5470 Great America Pkwy.
Santa Clara, CA 95054
USA
Email Address
Not Recorded
Overview
Hortonworks drives actionable intelligence through open-source, Apache Hadoop data architectures that maximize the value of all data data-at-motion,data-at-rest, and Modern Data Applications.
Profile
Hortonworks LinkedIn Company Profile
Social Media
Hortonworks Company Twitter Account
Company News
Hortonworks News
Facebook
Hortonworks on Facebook
YouTube
Hortonworks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rob Bearden
  Rob Bearden LinkedIn Profile  Rob Bearden Twitter Account  Rob Bearden News  Rob Bearden on Facebook
Chief Financial Officer
Scott Davidson
  Scott Davidson LinkedIn Profile  Scott Davidson Twitter Account  Scott Davidson News  Scott Davidson on Facebook
Chief Technical Officer
Scott Gnau
  Scott Gnau LinkedIn Profile  Scott Gnau Twitter Account  Scott Gnau News  Scott Gnau on Facebook
VP - Client Services
Amir Siddiqi
  Amir Siddiqi LinkedIn Profile  Amir Siddiqi Twitter Account  Amir Siddiqi News  Amir Siddiqi on Facebook
VP - General Counsel
David Howard
  David Howard LinkedIn Profile  David Howard Twitter Account  David Howard News  David Howard on Facebook
VP - Marketing
John Kreisa
  John Kreisa LinkedIn Profile  John Kreisa Twitter Account  John Kreisa News  John Kreisa on Facebook
VP - Product Management
Jamie Engesser
  Jamie Engesser LinkedIn Profile  Jamie Engesser Twitter Account  Jamie Engesser News  Jamie Engesser on Facebook
VP - Product Management
Arun Murthy
  Arun Murthy LinkedIn Profile  Arun Murthy Twitter Account  Arun Murthy News  Arun Murthy on Facebook
VP - Sales
Alan Fudge
  Alan Fudge LinkedIn Profile  Alan Fudge Twitter Account  Alan Fudge News  Alan Fudge on Facebook


 

 

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We report on funding rounds that are announced publicly. All VC database entries reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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