Intel’s big stake in IPO prospect Cloudera has some strange provisions
#Intel is the biggest stakeholder in #Cloudera ahead of the software developer’s IPO, thanks to a $740 million bet the chipmaker placed in 2014. That stake, which valued Cloudera at a whopping $4.1 billion, carries with it some awkward provisions, as laid out in Cloudera’s IPO prospectus on Friday. In the filing, Intel is listed as owning 22 percent of the company before the offering. Far from just a financial interest, Intel has been developing and marketing products with Cloudera to bring more big data capabilities to Intel’s data center processors.