“The acquisitions will enable Cloudera to usher in a new era of low-code, no-code self-service by automating complex operations – enabling our customers to focus on getting value from their data rather than configuring, operating and managing the underlying infrastructure,” said Rob Bearden, Chief Executive Officer of Cloudera
“Both businesses will enable our combined customers to enjoy a reduction in complexity and faster time to value for their data initiatives, leading to improved insights, faster innovation, and stronger engagements with their customers and partners.”
As announced Datacoral is a fully managed service that enables fast and easy data transformations and integrations for any type of data via a multi-tenant SaaS architecture that runs in the cloud. While Cazena’s SaaS platform includes end-to-end infrastructure and orchestration that powers instant cloud data lakes that makes it possible to accelerate time to analytics and AI/ML from months to minutes.
“The combination of Cloudera’s robust platform with a cloud-native, ETL solution like Datacoral, offers a powerful solution to today’s self-service analytics challenge. I’m very excited to be joining the Cloudera team to help the no-code, low-code era become a reality,” said Raghotham Murthy, Founder and CEO of Datacoral.
“Extending the Cloudera platform to a SaaS delivery model fulfills Cazena’s vision of enabling businesses to easily speed up their time to insight by focusing on their data rather than operating the infrastructure necessary to manage it – we make CDP easier to operate and consume for all enterprises. I look forward to working with the Cloudera team to offer a simplified experience that helps customers use all their data faster and more effectively,” said Prat Moghe, Founder and CEO of Cazena.
According to Cloudera, the acquisitions are expected to close in its current fiscal 2022 second quarter – ending by July 31, 2021, however, the transaction is subject to customary closing conditions.