Hortonworks to Acquire SequenceIQ to Speed Hadoop Deployments into the Cloud
-- Acquisition provides Hortonworks Data Platform customers with automated Apache Hadoop deployment across any cloud environment
SANTA CLARA, California and BRUSSELS, April 13, 2015 /PRNewswire/ -- Hadoop Summit Europe -- Hortonworks® (NASDAQ: HDP), the leading contributor to and provider of enterprise Apache™ Hadoop®, today announced it has signed a definitive agreement to acquire SequenceIQ, an open source provider of rapid deployment tools for Hadoop, to deliver a consistent and automated solution for launching on-demand Hadoop clusters in the cloud or to any environment that supports Docker containers. The transaction is expected to close in Q2. Upon close, Hortonworks will immediately begin incorporating SequenceIQ technology into the Hortonworks Data Platform (HDP™) and ultimately transition the technology to the Apache Software Foundation.
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As enterprises increasingly adopt Hadoop as the foundation of their centralized data architectures, there is a growing need to simplify and better control the deployment of new Hadoop clusters. SequenceIQ allows organizations to deploy secure and elastic HDP clusters in a consistent manner across the entire analytics application lifecycle. Simple set up will now allow customers to launch HDP into any major cloud platform, including Microsoft Azure, Amazon Web Services, Google Cloud Platform and OpenStack. SequenceIQ also optimizes these deployments via policy-based autoscaling that expands and contracts clusters based upon actual usage metrics.
Founded in February 2014, SequenceIQ has developed innovative products such as Cloudbreak, an elastic and cloud agnostic deployment solution for HDP clusters, and Periscope, which provides policy-based autoscaling for multi-tenant HDP clusters. The company has deep experience contributing to existing Apache Software Foundation projects and innovating within the open source community, best exemplified by the seamless integration of Cloudbreak and Periscope with Apache Ambari and Apache Hadoop YARN.
Hortonworks will host a webinar on May 19 at 10:00 a.m. PT to provide an overview of Cloudbreak and Periscope, including an update on the latest features and road ahead. To register for the webinar, please visit Bit.ly/HDP-Announcement.
Supporting Quotes
"The SequenceIQ team has developed key tools that allow enterprises to efficiently automate the launching of Hadoop clusters on any cloud infrastructure platform across the entire lifecycle, from proof-of-concept to development, test and production," said Rob Bearden, chief executive officer of Hortonworks. "This acquisition complements our strategy of providing enterprise customers the broadest choice of consumption options for Hortonworks Data Platform, from on-premise deployments to cloud architectures."
"SequenceIQ and Hortonworks are aligned on providing customers an automated method for launching on-demand Hadoop clusters with policy-based autoscaling across public or private clouds within minutes," said Janos Matyas, co-founder and chief technology officer of SequenceIQ. "We are excited to be joining the Hortonworks team to deliver on this vision and look forward to continuing our work within the open source community."
"Enabling flexible and rapid deployment of Apache Hadoop to leading cloud infrastructures such as Microsoft Azure solves an important big data business requirement for the enterprise," said Tiffany Wissner, senior director of product marketing, Microsoft Data Platform. "The SequenceIQ technology enables quick and easy cloud deployments for operators on both Windows and Linux virtual machines, allowing them to take advantage of scale out cloud services like HDInsight, Azure ML and PowerBI."
About Hortonworks
Hortonworks develops, distributes and supports the only 100% open source Apache Hadoop data platform. Our team comprises the largest contingent of builders and architects within the Hadoop ecosystem who represent and lead the broader enterprise requirements within these communities.
The Hortonworks Data Platform provides an open platform that deeply integrates with existing IT investments and upon which enterprises can build and deploy Hadoop-based applications.
Hortonworks has deep relationships with the key strategic data center partners that enable our customers to unlock the broadest opportunities from Hadoop.
For more information, visit www.hortonworks.com.
Use of Forward-Looking Statements
This release contains "forward-looking statements" regarding our performance, plans and prospects. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make.
Further information on factors that could affect our financial results and the forward-looking statements in this press release are included in our Form S-1 effective December 11, 2014, our Form 10-K filed on March 27, 2015 and in other filings we make with the Securities Exchange Commission from time to time, particularly under the caption Risk Factors. We undertake no obligation, and do not intend, to update these forward-looking statements.
For Additional Information Contact:
Michelle Clapp
Hortonworks
+1-408-828-9681
mclapp@hortonworks.com
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