Cloudera acquires Arcadia Data
Cloudera, a cloud services company, is acquiring advanced analytics firm Arcadia Data, transferring Arcadia’s ArcEngine technology into the Clouderia family.
Arcadia's ArcEngine technology uses machine learning to anticipate queries and generates insights in use cases like data lakes, cybersecurity, internet of things, and customer intelligence. Eventually, the technology is expected to be fully integrated into the Cloudera Data Warehouse.
Terms of the deal were not disclosed. According to Cloudera's announcement, the acquisition will likely expand over time to include the entire Arcadia Data organization.
As data becomes more complex and varied from an increasing number of sources across private and public clouds, IT organizations must optimize data access or risk business users being unable to act, or acting on outdated information, said Anupam Singh, chief customer officer at Cloudera.
Cloudera is already in the process of expanding its offerings through a partnership with IBM. Under that partnership, announced in June, the two firms are working together to build upon their existing artificial intelligence and data management and analysis solutions.
For more information about this news, visit www.cloudera.com.