MariaDB

After a Momentous 2023, Headlined by a 19% increase in ARR, Percona Extends Track Record of Success Well into the New Year

Retrieved on: 
måndag, maj 27, 2024
Software, Technology, Internet, Data Management, UI, Percona Server for MySQL, PMM, Netflix, Automation, MongoDB, Information management, Computer Weekly, InfoWorld, CLI, Publication, EveryMatrix, Database, Gartner, MySQL, ARR, CVE, PagerDuty, PostgreSQL, Geological survey, DevOps, AWS, MariaDB, Video game

The company's impressive 2023 has further solidified its standing as a go-to provider of open source database solutions and support services.

Key Points: 
  • The company's impressive 2023 has further solidified its standing as a go-to provider of open source database solutions and support services.
  • Uniquely qualified to address these needs, Percona has capitalized on the expanding opportunity, realizing a 19% increase in Annual Recurring Revenue (ARR).
  • Percona’s track record as a leader in the open source database community yielded several prestigious awards and acknowledgments in 2023.
  • At these events, and many others, Percona will continue to expand its impact on the open source database community.

MariaDB Files Second Quarter Fiscal 2024 Financial Results

Retrieved on: 
onsdag, maj 15, 2024
Software, Technology, Data Management, Security (finance), ARR, Finance, Net, WalletHub, MariaDB

MariaDB plc (NYSE:MRDB) today filed its financial results for the second quarter of fiscal year 2024, which ended March 31, 2024.

Key Points: 
  • MariaDB plc (NYSE:MRDB) today filed its financial results for the second quarter of fiscal year 2024, which ended March 31, 2024.
  • “Annual Recurring Revenue (ARR) is up 11.9% year-over-year in the second quarter of fiscal year 2024 coupled with a 97% improvement in Adjusted EBITDA loss of $378 thousand versus the prior fiscal year second quarter loss of $12.6 million,” said Paul O’Brien, CEO at MariaDB plc.
  • “In six months, we have demonstrated our ability to quickly turn our financial story around and are optimistic about the future performance of the business.” The Net Loss for the second quarter was $3.5 million, an improvement of $8.4 million as compared to a Net Loss of $11.9 million in the prior period.
  • The financial results can be found in the Quarterly Report Form 10-Q, which is available on the Securities & Exchange Commission’s (SEC’s) website at https://www.sec.gov and on MariaDB’s Investor Relations website at https://investors.mariadb.com under Financials.

Dion Cornett Joins Tatum as Chief Executive Officer

Retrieved on: 
tisdag, maj 7, 2024
Northwestern University, Octopus Group, United States Naval Academy, Red Hat, MBA, Software, MariaDB, Web3, Kellogg School, Growth, DBeaver

LONDON, May 7, 2024 /PRNewswire/ -- Tatum, a leading platform for blockchain application development, is thrilled to announce the appointment of Dion Cornett as its new Chief Executive Officer.

Key Points: 
  • LONDON, May 7, 2024 /PRNewswire/ -- Tatum, a leading platform for blockchain application development, is thrilled to announce the appointment of Dion Cornett as its new Chief Executive Officer.
  • Dion brings to Tatum two decades of experience in the software industry and an exceptional track record in successfully scaling businesses through product led growth.
  • Dion Cornett is recognized as an expert in open-source software and database technologies, having held senior leadership positions at Red Hat, MariaDB, ReachForce, Liquibase and DBeaver.
  • "I am excited to join Tatum and work with a talented team that is passionate about leveraging blockchain technology to redefine our digital future," said Dion Cornett.

Dion Cornett Joins Tatum as Chief Executive Officer

Retrieved on: 
tisdag, maj 7, 2024
Northwestern University, Octopus Group, United States Naval Academy, Red Hat, MBA, Software, MariaDB, Web3, Kellogg School, Growth, DBeaver

LONDON, May 7, 2024 /PRNewswire/ -- Tatum, a leading platform for blockchain application development, is thrilled to announce the appointment of Dion Cornett as its new Chief Executive Officer.

Key Points: 
  • LONDON, May 7, 2024 /PRNewswire/ -- Tatum, a leading platform for blockchain application development, is thrilled to announce the appointment of Dion Cornett as its new Chief Executive Officer.
  • Dion brings to Tatum two decades of experience in the software industry and an exceptional track record in successfully scaling businesses through product led growth.
  • Dion Cornett is recognized as an expert in open-source software and database technologies, having held senior leadership positions at Red Hat, MariaDB, ReachForce, Liquibase and DBeaver.
  • "I am excited to join Tatum and work with a talented team that is passionate about leveraging blockchain technology to redefine our digital future," said Dion Cornett.

Progress Software Corp. No Intention to Make an Offer for MariaDB plc

Retrieved on: 
torsdag, maj 2, 2024
ACT, PRGS, NOT, IRISH, Progress, MariaDB

BURLINGTON, Mass., May 02, 2024 (GLOBE NEWSWIRE) -- Progress Software Corp. (”Progress”) (Nasdaq: PRGS) confirms today that it does not intend to make an offer for MariaDB plc. Accordingly, Progress will be bound by the restrictions set out in Rule 2.8 of the Irish Takeover Rules. Progress reserves the right within the next 6 months to set aside this statement where so permitted under Rule 2.8 (including Rule 2.8(c)(ii)).

Key Points: 
  • THIS IS AN ANNOUNCEMENT UNDER RULE 2.8 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 (THE "TAKEOVER RULES").
  • BURLINGTON, Mass., May 02, 2024 (GLOBE NEWSWIRE) -- Progress Software Corp. (”Progress”) (Nasdaq: PRGS) confirms today that it does not intend to make an offer for MariaDB plc.
  • Accordingly, Progress will be bound by the restrictions set out in Rule 2.8 of the Irish Takeover Rules.
  • This announcement is intended to be treated as a statement to which Rule 2.8 of the Irish Takeover Rules applies.

Progress Software Corp. Statement regarding a Possible Offer for MariaDB plc

Retrieved on: 
fredag, april 19, 2024
Part, RP, AI, Environment, Possibility, Senior, MariaDB, Acquisition, RDBMS, Database

Further to the announcement made by Progress Software Corp. (“Progress”) on March 26, 2024 (the “March Possible Offer Announcement”), Progress is today announcing, under Rule 2.4 of the Irish Takeover Rules, that it is considering a possible offer (the “Possible Offer”) to acquire all of the debt and the entire issued and to be issued share capital of MariaDB plc (“MariaDB”).

Key Points: 
  • Further to the announcement made by Progress Software Corp. (“Progress”) on March 26, 2024 (the “March Possible Offer Announcement”), Progress is today announcing, under Rule 2.4 of the Irish Takeover Rules, that it is considering a possible offer (the “Possible Offer”) to acquire all of the debt and the entire issued and to be issued share capital of MariaDB plc (“MariaDB”).
  • Under the Possible Offer, each MariaDB shareholder would be entitled to receive:
    $0.60 for each MariaDB share, payable in cash.
  • Progress believes that the Possible Offer aligns to Progress’ strategy and track record of acquisitions, and MariaDB meets many aspects of Progress’ disciplined approach to acquisitions.
  • Progress confirms that the Possible Offer is a possible offer under Rule 2.4 of the Irish Takeover Rules for all the issued and to be issued share capital of MariaDB.

Extension of Deadline in Accordance with Rule 2.6(c) of the Irish Takeover Rules

Retrieved on: 
måndag, april 22, 2024
Software, Technology, Data Management, MariaDB, Holding company

The Board have requested this additional 48 hour extension to facilitate further negotiations between K1 and those certain other key stakeholders and the Company.

Key Points: 
  • The Board have requested this additional 48 hour extension to facilitate further negotiations between K1 and those certain other key stakeholders and the Company.
  • The continued discussions may or may not lead to an offer being made for the entire share capital of the Company.
  • In accordance with Rule 2.6(a) of the Irish Takeover Rules, K1 is required, no later than the Further Extended Deadline to either (i) announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Irish Takeover Rules or (ii) announce that it does not intend to make an offer for the Company, in which case the announcement will be treated as a statement to which Rule 2.8 of the Irish Takeover Rules applies.
  • The Further Extended Deadline will only be further extended with the consent of the Irish Takeover Panel in accordance with Rule 2.6(c) of the Takeover Rules, at the request of the Company.

Extension of Deadline in Accordance with Rule 2.6(c) of the Irish Takeover Rules

Retrieved on: 
fredag, april 12, 2024
Software, Technology, Data Management, MariaDB, Panel

The Board previously obtained an extension to 5:00 pm (New York time) on Friday, April 12, 2024 to facilitate ongoing discussions between the Company and K1.

Key Points: 
  • The Board previously obtained an extension to 5:00 pm (New York time) on Friday, April 12, 2024 to facilitate ongoing discussions between the Company and K1.
  • The continued discussions may or may not lead to an offer being made for the entire share capital of the Company.
  • In accordance with Rule 2.6(a) of the Irish Takeover Rules, K1 is required, no later than the Further Extended Deadline to either (i) announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Irish Takeover Rules or (ii) announce that it does not intend to make an offer for the Company, in which case the announcement will be treated as a statement to which Rule 2.8 of the Irish Takeover Rules applies.
  • The Further Extended Deadline will only be further extended with the consent of the Irish Takeover Panel in accordance with Rule 2.6(c) of the Takeover Rules, at the request of the Company.

LF AI & Data Foundation Launches Open Platform for Enterprise AI (OPEA) for Groundbreaking Enterprise AI Collaboration

Retrieved on: 
tisdag, april 16, 2024
Open Platform, Open platform, Ecosystem, MariaDB, AI, Artificial intelligence, RAG, LF, Software, KX, Melissa, Red Hat, SAS, Synthetic media, Intel, Generative, Enterprise, Yellowbrick Data, Organization, Architecture, Medical device

SEATTLE, April 16, 2024 /PRNewswire/ -- Today, the LF AI & Data Foundation proudly announces the Open Platform for Enterprise AI (OPEA) as its latest Sandbox Project. This pioneering initiative unites industry leaders, including Anyscale, Cloudera, Datastax, Domino Data Lab, Hugging Face, Intel, KX, MariaDB Foundation, Minio, Qdrant, Red Hat, SAS, Yellowbrick Data, Zilliz and more to champion the development of open, multi-provider, robust, and composable GenAI systems.

Key Points: 
  • Open source solution empowers enterprises with open, multi-provider AI systems to drive unprecedented innovation and value for Generative AI
    SEATTLE, April 16, 2024 /PRNewswire/ -- Today, the LF AI & Data Foundation proudly announces the Open Platform for Enterprise AI (OPEA) as its latest Sandbox Project.
  • OPEA empowers enterprises with open, multi-provider AI systems to drive innovation and value for Generative AI
    The mission of LF AI & Data is to build and support an open artificial intelligence (AI) and data community and drive open source innovation in the AI and data domains by enabling collaboration and the creation of new opportunities for all members of the community.
  • This initiative is a testament to our mission to drive open source innovation and collaboration within the AI and data communities under a neutral and open governance model."
  • The LF AI & Data Foundation invites other organizations and individuals passionate about advancing open source AI and data to join the OPEA project and contribute to shaping the future of enterprise AI.

Progress Software Corp. Announcement under the Irish Takeover Rules

Retrieved on: 
fredag, april 5, 2024
ACT, MAKE, RDBMS, OpenEdge, ANY, MarkLogic, Organization, Semaphore, SQL, FIRM, RAG, Acquisition, JDBC, AI, TCO, MADE, LTS, IRISH, Progress, ABL, ODBC, NOT, MariaDB

BURLINGTON, Mass., April 05, 2024 (GLOBE NEWSWIRE) -- As was announced on 26 March, 2024, Progress Software Corp. (“Progress”) has expressed interest in acquiring MariaDB plc (“MariaDB”), via an announcement under Rule 2.4 of the Takeover Rules. Why do we believe this acquisition makes sense for Progress, for MariaDB customers and developers and for existing Progress customers and shareholders?

Key Points: 
  • THIS IS AN ANNOUNCEMENT UNDER THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 (THE "TAKEOVER RULES").
  • IT IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE TAKEOVER RULES.
  • BURLINGTON, Mass., April 05, 2024 (GLOBE NEWSWIRE) -- As was announced on 26 March, 2024, Progress Software Corp. (“Progress”) has expressed interest in acquiring MariaDB plc (“MariaDB”), via an announcement under Rule 2.4 of the Takeover Rules.
  • Why do we believe this acquisition makes sense for Progress, for MariaDB customers and developers and for existing Progress customers and shareholders?