Cloudera acquires AI analytics firm Arcadia Data

Cloudera, a Palo Alto, Calif.-based cloud services company, signed an agreement to acquire certain assets of Campbell, Calif.-based advanced analytics firm Arcadia Data.

Among those assets that will be transferred to Cloudera is Arcadia's ArcEngine technology, which 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and public clouds, IT organizations must optimize data access or risk business users being unable to act, or acting on outdated information," said Anupam Singh, chief customer officer at Cloudera. "It's essential for business users to have access to the data they need, when they need it, and the addition of Arcadia Data's technology and expertise will accelerate insights for our customers."

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.

More articles on data analytics:
Deloitte: Healthcare lagging in data modernization efforts
CommonSpirit's Dr. James Reichert: Think beyond data, technology when building an analytics platform
Cisco acquires CloudCherry to improve consumer experience using cloud analytics

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