Cloudera deepens AI expertise with acquisition of Verta's Operational AI Platform
Acquiring Company
Cloudera
Acquired Company
Verta
Santa ClaraMenlo ParkSoftwareArtificial IntelligenceSaaSEnterprise SoftwareAnalyticsData CenterBig DataSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingDescription
Cloudera, the trusted data company for enterprise AI, has strengthened its AI expertise with the acquisition of Verta's Operational AI Platform. The addition of Verta will further solidify Cloudera’s position in the competitive AI landscape, acquiring world-renowned talent and technology in AI and ML. The acquisition will enhance Cloudera's platform capabilities as it continues to deliver on the promise of enterprise AI for its global customer base.
Quick answer
Cloudera is acquiring Verta, announced June 3, 2024. Cloudera is based in Santa Clara, California, United States.
- How much did Cloudera pay for Verta?
- The deal value was not disclosed.
- What does Cloudera do?
- At Cloudera, we believe data can make what is impossible today, possible tomorrow.
- Where are Cloudera and Verta based?
- Cloudera is based in Santa Clara, California, United States. Verta is based in Menlo Park, California, United States.
- Who are the decision-makers at Cloudera?
- Fundz holds 1 contact at Cloudera. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Verta?
Verta was acquired by Cloudera, based in Santa Clara. The deal was reported on June 3, 2024. At Cloudera, we believe data can make what is impossible today, possible tomorrow. Cloudera is privately held and operates in Software.
When did Cloudera acquire Verta?
Cloudera's acquisition of Verta was reported on June 3, 2024. Cloudera, the trusted data company for enterprise AI, has strengthened its AI expertise with the acquisition of Verta's Operational AI Platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Verta do?
Verta is a Palo Alto-based startup building software infrastructure to help enterprise data science and machine learning (ML) teams rapidly develop and deploy ML models. It is privately held, operating in Software, and is based in Menlo Park.
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