Cloud-based analytics company Cloudera Inc private will be acquired by equity firms KKR and CD&R for $4.7 bn. As the demand for cloud-based services has grown, tech giants like Google, Amazon are looking to provide services like Cloudera. The largest investor of Cloudera is activist investor Carl Icahn who holds about 17.8% of Cloudera’s total shares. The deal is to be completed in the latter half of the year with a 30-days “go-shop period”.

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