MapR is selling its assets to Hewlett Packard Enterprise, signalling the end for the startup, which has gone through a rocky few months.
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The sale highlights the struggles of big data companies offering Hadoop-based services, such as Cloudera, whose share price recently dropped.MapR is selling its assets to Hewlett Packard Enterprise, signalling what could be the end of the road for the Google-backed startup that raised $280 million but has struggled recently to stay afloat.
MapR also said at the time that it had received"more than one letter of intent from interested parties, and today is engaging in the due diligence process in a transaction which, if consummated, may eliminate the need to close the Santa Clara site." "We are still finalizing transition plans and aren't able to share numbers at this point, but retaining key MapR talent is a huge priority of this acquisition," the spokesperson said.
HPE said it was acquiring MapR's"technology, intellectual property, and domain expertise in artificial intelligence and machine learning and analytics data management."
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