Intel-backed Cloudera to tap IPO this year, hires bankers

Intel-backed Cloudera to tap IPO this year, hires bankers

The logo of Intel is seen during the annual Computex computer exhibition in Taipei, Taiwan June 1, 2016. REUTERS/Tyrone Siu

Cloudera Inc., the big-data company backed by Intel Corp., hired underwriters for an initial public offering that could come as soon as this year, people with knowledge of the matter said.

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