Ron Burgundy Posted March 27, 2014 Share Posted March 27, 2014 By Noel Randewich SAN FRANCISCO (Reuters) - Intel Corp said on Thursday it made a significant investment in Cloudera and will make the fast-growing startup its preferred distributor of software for crunching Big Data. The top chipmaker said its equity investment in Cloudera makes it the company's single largest strategic shareholder and it comes as Intel looks to expand its server business to make up for falling sales of personal computers. Intel said the stake in Cloudera is its largest data center technology investment ever, although it did not disclose the size of the deal. Intel said it will promote Cloudera's Hadoop platform and transition away from its own customized version that it had been promoting as optimal for Intel server chips. View the full article Quote Link to comment Share on other sites More sharing options...
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