MariaDB, which went public via SPAC in December 2022, gets an offer from K1 to go private in a $37M deal, or $0.55/share, far below its $672M Series D valuation
if it is controlled by capitalists, don't call it FLOSS. — this should have been clear by now with the bait-and-switch Google pulled with the “privatization” of Android's GApps vs. ASOS. … Dare Obasanjo / @carnage4life@mas.to : MariaDB, which has maintained an Open Source fork of MySQL for 15 years as a hedge against Oracle's acquisition, is in talks to be taken private at $37M which is far below the $230M raised over its lifetime. — MariaDB has struggled against the same challenges facing other Open Source server software products like Mongo DB & Elastic Search. … @andymoose@mastodon.social : @Techmeme that explains why Azure are shutting their managed service down. X: Aaron Levie / @levie : Wow [image] Forums: r/technology : Struggling database company MariaDB could be taken private in $37M deal