Sep, 2024 : MariaDB Acquired by K1, Appoints New CEO

📅 September 11, 2024 - K1 Investment Management, a global investor in small-cap enterprise software startups, has successfully completed its tender offer to acquire all issued common shares of MariaDB, a leading provider of enterprise database solutions. This strategic acquisition would position MariaDB for further growth in the enterprise sector, enabling it to continue offering scalable, innovative database solutions to clients worldwide.

Rohit de Souza, MariaDBs new CEO, emphasized the importance of K1's support in driving innovationMariaDB, with offices in Silicon Valley and Dublin, serves approximately 700 active clients across a range of industries, including banking, telecommunications, government, [...][... Check source for end of article ...]

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