After Cloudera Purchase, Computer Security May Be Hot Sector

BIIntel’s investment in privately held Cloudera may be creating interest in Internet security firms among other companies that are involved in cloud computing, or the business of hosting data on remote servers.

In March, Intel invested $740 million in Cloudera, a company that sells software used to process reams of data, for an 18% stake. That was part of a $900 million funding round. This week, Cloudera splashed out some of that cash on Gazzang, which offers encryption of data housed on remote servers.

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