Just gets better every year without drama or fanfare. the postgres devs are really unsung heroes in the developer community.
Announcement regarding possible offer
11–20 of 79 posts
Re: Announcement regarding possible offer
#12Hah, so MariaDB was created because the creator of MySQL got pissed about the acquisition by Sun/Oracle, and now MariaDB might be acquired as well? Making bank while forking their project over and over isn't a bad way to make a living it seems.
Gives a new meaning to "fork over the cash" :-)
Re: Announcement regarding possible offer
#13Hah, so MariaDB was created because the creator of MySQL got pissed about the acquisition by Sun/Oracle, and now MariaDB might be acquired as well? Making bank while forking their project over and over isn't a bad way to make a living it seems.
Is it more that they're against acquisitions in general, or specifically an acquisition by Oracle, widely considered one of the eviler tech companies?
> tech companies
Oracle is not a tech company but a law firm that happens to have an engineering department.
Re: Announcement regarding possible offer
#14Earlier quoted context omitted.
Is it more that they're against acquisitions in general, or specifically an acquisition by Oracle, widely considered one of the eviler tech companies?
As a long term MySQL user I think getting acquired by Oracle pretty good for the product. The old, hard issues that MySQL never had the engineering to tackle themselves finally got resolved.
Facebook and Alibaba deserve a lot of the credit for MySQL’s recent renaissance.
Re: Announcement regarding possible offer
#15So, what's the next fork going to be called?
Or has the acquirer somehow plugged Monty's favorite end-run around the acquisition game this time around?
Re: Announcement regarding possible offer
#16Hah, so MariaDB was created because the creator of MySQL got pissed about the acquisition by Sun/Oracle, and now MariaDB might be acquired as well? Making bank while forking their project over and over isn't a bad way to make a living it seems.
MariaDB already had its exit last December. It went public via a SPAC deal.
Like most SPACs, the stock hasn't performed well. Its market cap is now around $30 million, which is substantially less than it raised in venture funding.
If they want to remain a public company, they'll need to do a reverse-split soon to get the stock price above $1/share, otherwise they'll be de-listed.
Re: Announcement regarding possible offer
#17Runa is already a major stakeholder in MariaDB.
Recently, the MariaDB board started to pursue additional private equity and a dilution of shares and this is part of Runa's response.
More information is available in this SEC filing : https://d18rn0p25nwr6d.cloudfront.net/CIK-0001929589/2335caa...
Re: Announcement regarding possible offer
#18Hah, so MariaDB was created because the creator of MySQL got pissed about the acquisition by Sun/Oracle, and now MariaDB might be acquired as well? Making bank while forking their project over and over isn't a bad way to make a living it seems.
The big difference here is that Runa Capital is a venture capital firm, and they already invested in MariaDB 8 years ago. To be honest I don't really understand how this acquisition makes sense in that context.
It's trading at a market cap of around $31 million, which is below even its revenue. Could make sense to buy it, improve operating metrics, and then flip it. (Or buy it, make it profitable, and earn a return that way.)
Re: Announcement regarding possible offer
#19So, what's the next fork going to be called? Or has the acquirer somehow plugged Monty's favorite end-run around the acquisition game this time around?
[deleted]
Re: Announcement regarding possible offer
#20Earlier quoted context omitted.
Is it more that they're against acquisitions in general, or specifically an acquisition by Oracle, widely considered one of the eviler tech companies?
As a long term MySQL user I think getting acquired by Oracle pretty good for the product. The old, hard issues that MySQL never had the engineering to tackle themselves finally got resolved.
what are those?