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Private equity offer for MariaDB gets thumbsup from shareholders
2024-05-21 [theregister.co.uk]
MariaDB shareholders have backed a private equity takeover offer for the troubled database vendor. Details >

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Lender threatens to sweep MariaDB accounts over private equity bid
2024-02-23 [theregister.co.uk]
Publicity around offer breaches loan agreement, or so SEC filing alleges MariaDB has been warned by a bank lender that it may "sweep" its accounts in retaliation for the publication of a private equity bid for the troubled database company. Details >

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MariaDB receives offer to go private more than year after disastrous IPO
2024-02-20 [theregister.co.uk]
$37.3M bid significantly down from SPAC flotation valued at $672M MariaDB has confirmed a possible offer of $37.3 million from private equity company K1 Investment Management to take the recently troubled database company private. Details >

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MariaDB ditches products and staff in restructure, bags $26.5M loan to cushion fall
2023-10-13 [theregister.co.uk]
Strategic DBaaS and distributed back end jettisoned after years of promotion MariaDB is ditching strategic products and cutting 28 percent of the workforce as it struggles to overcome the financial challenges its faced since floating on the stock market. The company also announced access to a new $26.5 million loan facility. Details >

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MariaDB CEO: People who want things free also want to have very nice vacations
2023-05-16 [theregister.co.uk]
Former MySQL fork launches attack on hyperscaler database services with support for multiple front ends MariaDB is facing up to the reality of becoming a grown-up software company. Following its stock market debut late last year, it must strike a balance between the demands of investors and its heritage in the open source software movement, CEO Michael Howard told The Register. Details >

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From Sun to the cloud: MariaDB carves out space in database market
2023-04-03 [theregister.co.uk]
CEO on industry shifts that allow open source and smaller players to gain a footing Interview In December, MariaDB floated on the New York Stock Exchange via the special purpose acquisition company (SPAC) Angel Pond Holdings. With the move came $104 million in funding and $18 million through private investment in public equity. Details >

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