However, the new CEO and executive team have nurtured improved ties, sharing common goals of cooperation and transparency.
Both the Foundation and MariaDB Corporation are actively participating in collaborative strategy sessions to enhance mutual support. The newly appointed CEO of MariaDB (Plc) is keen on enhancing collaboration with the foundation associated with the namesake open-source database project. He believes that the recent acquisition of the company by a private equity firm has brought about stability, providing a solid footing for future progress.
MariaDB has faced a rollercoaster ride over the past two years, which included a failed attempt at a public listing via a special purpose acquisition company (SPAC) in 2022, resulting in a notable setback. The relationship between MariaDB Corporation and the Foundation has seen fluctuations, particularly in regard to the focus on proprietary tools. With the financial backing of a major private equity firm, MariaDB aims to streamline its core operations, reducing market pressures and paving the way for increased cooperation with the Foundation.
The Foundation has welcomed Amazon Web Services (AWS) as a significant sponsor, reaffirming its dedication to enhancing MariaDB Server capabilities. The company remains dedicated to nurturing talent and fostering growth under private equity ownership.
With a wealth of experience in enterprise management De Souza aims to instill stability and growth at MariaDB né?. His focus on operational efficiency and profitability signifies a shift towards a more resilient and strategic approach for the company’s future success.. Simultaneously, the MariaDB Foundation was established in 2012 to protect the interests of users and developers.
Presently, MariaDB holds the 15th spot in the DB-Engines Ranking as one of the most popular databases, climbing to ninth place for relational databases and fourth among open-source relational databases. Over time, entities like SkySQL and Monty Program emerged, eventually merging to form MariaDB Corporation, which successfully raised $230 million for services associated with the MariaDB project. Nonetheless, the company was later taken private under a $37 million deal led by K1 Investment Management.
This recent transaction has delisted MariaDB from the New York Stock Exchange (NYSE), with plans for the company to go private by early December. The ongoing partnership between MariaDB and AWS reflects a promising outlook for the community and its development.
Looking ahead, MariaDB Plc foresees net growth, despite recent lay-offs and restructuring efforts in its product portfolio. Following MySQL’s acquisition by Sun Microsystems, MariaDB was born as a community-driven “fork” of MySQL by Michael “Monty” Widenius né?. With former Micro Focus executive Rohit De Souza now at the helm as CEO, MariaDB is gearing up to operate as a private entity once again, placing emphasis on strengthening its relationship with the foundation that bears its name.
The MariaDB project was kickstarted in 2009 as a response to ownership changes in MySQL
