HP Invests $50M In Hortonworks As Big Data Revolution Accelerates With Gusto

On Thursday, HP announced an agreement to invest $50M in Hortonworks. HP’s investment builds on the $100M Hortonworks raised in March in a financing red led by funds managed by Blackrock and Passport Capital as well as existing investors. The investment illustrates HP’s commitment to its reseller relationship with Hortonworks that allows it to resell the Hortonworks Data Platform. Moreover, HP plans to continue refining the engineering of its products such that they integrate with YARN, the resource management component of version 2.x of Hadoop. In addition to preparing its products to operate in conjunction with YARN, HP will be integrating its product architecture to optimally perform in conjunction with the Hortonworks Data Platform more generally. Key HP products targeted for integration with the Hortonworks Data Platform include the HP HAVEn platform, one component of which is HP Vertica. As a result of the $50M equity investment, HP’s Executive Vice President and Chief Technology Officer Martin Fink will join the board of directors of Hortonworks. HP’s investment in Hortonworks underscores how the Big Data revolution lies poised to accelerate as technology companies deepen their relationships with Hadoop vendors in anticipation of delivering turnkey big data analytics solutions that simplify and streamline the operationalization of Big Data.

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