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Cloudera crashes in its worst day ever after the company slashes sales outlook, announces CEO departure
Shares of the software company Cloudera crashed Thursday on the back of another quarterly earnings report that disappointed investors.
Two public tech companies are about to merge, creating a $5.2 billion data processing giant — and their stock prices are soaring as high as 15%
On Wednesday, Cloudera announced a merger with its competitor Hortonworks to make a new $5.2 billion entity.
Big data software company Cloudera completed its much-anticipated IPO on Friday and the stock was a hit with investors.
Back in 2014, Intel swooped in and offered Cloudera's board a huge premium to sell off a stake.
After years of speculation on when it would go public, the big-data startup Cloudera announced plans to raise $200 million in an initial public offering.
Snapchat, Spotify, Dropbox: 2017 could be a big year for tech IPOs.
With too high of a valuation for the private markets, some companies might find going public as their only way to stay alive.
Startups valued at over $1 billon have raised a lot of cash, which allows them to pay their employees extremely well.