With MapR fire sale, Hadoop’s promise has fallen on hard times

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  • PCHF IT Feeds
    PCHF Bot
    • Jan 2015
    • 54580

    #1

    With MapR fire sale, Hadoop’s promise has fallen on hard times

    If you go back about a decade, Hadoop was hot and getting hotter. It was a platform for processing big data, just as big data was emerging from the domain of a few web-scale companies to one where every company was suddenly concerned about processing huge amounts of data. The future was bright, an open source project with a bunch of startups emerging to fulfill that big data promise in the enterprise.

    Three companies in particular emerged out of that early scrum — Cloudera, Hortonworks and MapR — and between them raised more than $1.5 billion. The lion’s share of that went to Cloudera in one massive chunk when Intel Capital invested a whopping $740 million in the company. But times have changed.

    [IMG alt=“2018 china ipos”]https://techcrunch.com/wp-content/up...china-ipos.jpg
    Via TechCrunch, Crunchbase, Infogram

    Falling hard

    Just yesterday, HPE bought the assets of MapR, a company that had raised $280 million. The deal was pegged at under $50 million, according to multiple reports. That’s not what you call a healthy return on investment.



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