Hortonworks on Monday announced that it has signed a definitive agreement to acquire Budapest-based SequenceIO, a specialist in deployment automation technology for launching on-demand Hadoop clusters in the cloud environment or any environment that supports Docker containers technology. The deal marks the second acquisition for the open source Hadoop purveyor Hortonworks, which last year bought Hadoop security specialist XA Secure.
Financial terms were not disclosed, but Hortonworks says the deal is expected to close sometime in second quarter of this year. Hortonworks, which kicked off its IPO last year, says that it plan to incorporate SequenceIQ's technology into the Hortonworks Data Platform and ultimately transition the technology to the Apache Software Foundation.
Tim Hall, vice president of Product Management at Hortonworks, says:
"Today's acquisition brings Hortonworks a highly skilled team of engineers and significant deployment automation technology for launching on-demand Hadoop clusters in the cloud or any environment that supports Docker containers.”
Founded in 2014 and based in Budapest, SequenceIQ enables organizations to deploy secure and elastic HDP clusters in a consistent manner across the entire analytics lifecycle. It also optimizes these deployments through a policy-based autoscaling that expands and contracts clusters based upon actual usage metrics.
SequenceIQ has gained significant market momentum, the company has developed two innovative piece of technology.
- Cloudbeak is an elastic and cloud-agnostic deployment solution for HDP clusters.
- Periscope, developed by the SequenceIQ team to provide policy-based autoscaling for multitenant HDP clusters to ensure service level agreements can be met while running an applications.
SequenceIQ has deep experience contributing to existing Apache Software Foundation projects, best exemplified by the seamless integration of Cloudbreak and Periscope with Apache Ambari and Apache Hadoop YARN.
Hortonworks is a a leading contributor and provider of enterprise Apache Hadoop. Based in Palo Alto, California, its main focus is on the development and support of Apache Hadoop, a framework that allows for the distributed processing of large data sets across clusters of computers.
The company develops, distributes and supports the only 100% open source Apache Hadoop data platform. Its 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 HDP (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.
Image Credit: Dataversity