NEW YORK, Dec. 12, 2014 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ ) announced that trading of Hortonworks®, Inc. (Nasdaq: HDP ), a leading contributor to and provider of Apache™ Hadoop®, commenced on The Nasdaq Stock Market on December 12, 2014.
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Hortonworks develops, distributes and supports the only 100% open source Apache Hadoop data platform. Hortonworks is focused on providing an enterprise grade Hadoop software platform that enables a re-platforming of data center architectures to harness the power of Big Data for the enterprise. The Company's solution, the Hortonworks Data Platform, is built on Apache Hadoop and YARN, and Hortonworks continuously drives innovation in the Apache community with a mission to further Hadoop's development for mainstream enterprises across such key areas as security, governance, and operations.
"Hortonworks is dedicated to building enterprise Hadoop as the foundation of a modern data architecture," said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. "Nasdaq prides itself on being the home of innovators and game changers therefore we are extremely excited to welcome Hortonworks to our family of listed companies."
By listing with Nasdaq, Hortonworks joins many of the world's largest and most revolutionary technology companies. Year-to-date Nasdaq has welcomed 68 percent of IPOs coming from Silicon Valley and the Bay Area. Including Hortonworks, Nasdaq has 216 Silicon Valley and Bay Area based companies listed on The Nasdaq Stock Market and has been the exchange of choice to over 70 percent of technology companies listed in the U.S. markets.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
About Nasdaq:
Nasdaq (Nasdaq: NDAQ ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit http://business.nasdaq.com/ .
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