Yahoo! and Benchmark Capital today announced the formation of “Hortonworks,” an independent company consisting of key architects and core contributors to the open source Apache Hadoop technology pioneered by Yahoo!.
“The formation of Hortonworks increases investment in the development of Apache Hadoop and will accelerate adoption by making it more robust and easier to install, manage and use for enterprises and technology vendors. This investment will enable Apache Hadoop to meet the growing market demand and become the big data management and analysis platform of choice for the industry,” stated Yahoo.
“Apache Hadoop has been and will continue to be an important area of investment for Yahoo!. The creation of Hortonworks will enable Yahoo! to leverage a commercial partnership in addition to our continued internal investment to accelerate the evolution of the technology and its use to power Yahoo!’s business,” said Jay Rossiter, svp, Cloud Platform Group at Yahoo!. “Forming Hortonworks with Benchmark Capital is the natural next step in the evolution of Apache Hadoop. As Hadoop demand continues to increase, Hortonworks will help organizations more rapidly and effectively implement the technology to derive value and insights from large data sets.”
“Apache Hadoop plays a critical role in helping Yahoo! deliver personalized content and experiences to its nearly 700 million consumers worldwide. Apache Hadoop also helps drive Yahoo!’s powerful advertising platforms that serve billions of digital advertisements daily, and enables Yahoo! to provide enhanced anti-spam capabilities for Yahoo! Mail,” Yahoo added.
[Source: Y Press]