Deals

Cloudera to Explore Sale After Receiving Takeover Interest

Company is working with an adviser to evaluate options
Cloudera has held talks with suitors including PE firms

A person takes a photograph of Cloudera Inc. signage during the company's IPO on the of the NYSE in 2017. — A person takes a photograph of Cloudera Inc. signage during the company's IPO on the of the NYSE in 2017.
Photographer: Michael Nagle/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Liana Baker and Crystal Tse

June 9, 2020 at 5:23 PM UTC

Updated on

June 9, 2020 at 8:53 PM UTC

This article is for subscribers only.

Enterprise software firm Cloudera Inc., which counts activist investor Carl Icahn as its largest shareholder, is exploring a potential sale after receiving takeover interest, according to people familiar with the matter.

The company is working with a financial adviser to evaluate its options, the people said, asking not to be identified because the matter is private.