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  • Friday, April 26, 2024

Intel to Market Cloudera’s Big Data Analytics Offering; Jason Waxman Comments


big data2Intel (NASDAQ: INTC) has invested an undisclosed sum in startup company Cloudera and will market the latter firm’s big data analytics software, the Wall Street Journal reported Friday.

Don Clark and Deborah Gage write that Intel intends for the investment to help Cloudera further its Hadoop offering.

“We are making the biggest data-center equity investment we have ever made, ” said Jason Waxman, vice president and general manager of Intel’s cloud infrastructure group, according to the Journal.

Cloudera previously raised $160 million in financing and the company is valued at more than $1 billion, the Journal reports.

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