Don't touch my trunk! Intel is $740m lighter after Cloudera cash shot • The Register

Big money for big data

"Intel has shoveled $740m into Hadoop company Cloudera, giving the chipmaker an 18 per cent stake in the data analysis firm.

The mammoth funding was announced on Monday following the news last week of a major strategic partnership between the x86 goliath and the software upstart, which itself followed a separate funding round of $160m from companies including Google Ventures."

Don't touch my trunk! Intel is $740m lighter after Cloudera cash shot • The Register