STOCKHOLM (dpa-AFX) - Cask Data Inc. announced a strategic investment by Ericsson (ERIC). The company said the strategic minority investment will help accelerate delivery of its Apache Hadoop-based solutions and services for a range of vertical industries.
Headquartered in Palo Alto, California, Cask provides the de-facto, open source big data application and integration platform that lets developers and data scientists accelerate the time to build, deploy and operate data-centric applications and data lakes; it also enables IT organizations to implement well-governed data-as-a-service environments designed to quickly unlock the value of data. The company has developed the Cask Data Application Platform, an open source framework for rapidly delivering enterprise solutions on Hadoop and Apache Spark.
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