Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
Cloudera CEO Tom Reilly. Photo by Drew Angerer/Getty Images.
Cloudera and Hortonworks on Wednesday announced an all-stock merger that would create a $5.2 billion provider of data management solutions in the cloud.
Be smart: The companies are calling it a "merger of equals," but it isn't. Cloudera shareholders would own 60% of the combined business, and its CEO Tom Reilly remains in charge. Hortonworks CEO Rob Bearden would step down from an operating role, but join the board of directors,