Markets News 

Looking to raise $200M, Cloudera finally makes its IPO plans official

“The filing is another sign that the market for tech IPOs is thawing, especially for enterprise software companies” writes Robert Hof for siliconangle.com. Cloudera sells software, in particular a version of the Hadoop open-source software for storing and processing massive amounts of data across many computers.In April 2016, Fidelity Investments slashed its valuation of Cloudera by 38 percent over concerns that the company had delayed its IPO too long.
 
Source: siliconangle.com



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