M&A Deal Summary

Cloudera Acquires Fast Forward Labs

On September 7, 2017, Cloudera acquired business services company Fast Forward Labs

Acquisition Highlights
  • This is Cloudera’s 1st transaction in the Business Services sector.
  • This is Cloudera’s 5th transaction in the United States.
  • This is Cloudera’s 1st transaction in New York.

M&A Deal Summary

Date 2017-09-07
Target Fast Forward Labs
Sector Business Services
Buyer(s) Cloudera
Deal Type Add-on Acquisition

Target

Fast Forward Labs

New York, New York, United States
Fast Forward Labs, Inc. is a machine learning and applied artificial intelligence research and development company. Fast Forward Labs, Inc. was established in 2014 and is based in New York City.

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Buyer(S) 1

Buyer

Cloudera

Santa Clara, California, United States

Category Company
Founded 2008
Sector Software
Employees2,728
Revenue 869M USD (2021)
DESCRIPTION
Cloudera's corporate headquarters in Palo Alto, California.
Cloudera's corporate headquarters in Palo Alto, California.

Cloudera is an enterprise software company that offers a platform for data management, machine learning, and advanced analytics. Cloudera's platform enables organizations to use vast amounts of data from a variety of sources, including the Internet of Things (IoT), to better serve and market to their customers, design connected products and services and reduce risk through greater insight from data. Cloudera was formed in 2008 and is based in Santa Clara, California.


DEAL STATS #
Overall 5 of 12
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 9
State: New York M&A 1 of 1
Country: United States M&A 5 of 11
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-22 Sense

United States

Sense is a provider of data science collaboration tools.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-03 Hortonworks

Santa Clara, California, United States

Hortonworks is a provider of enterprise-grade, global data management platforms, services, and solutions that deliver actionable intelligence from any type of data for over half of the Fortune 100. Hortonworks is committed to driving innovation in open source communities, providing unique value to enterprise customers. Along with its partners, Hortonworks provides technology, expertise, and support so that enterprise customers can adopt a modern data architecture. Hortonworks is based in Santa Clara, California.

Buy -