MariaDB Transitions to Private Ownership as K1 Closes Acquisition
MariaDB, an open-source relational database management system (RDBMS), has been acquired by private investment company K1 Investment Management. MariaDB’s tenure as a public company was brief, having gone public in December 2022 via a special purpose acquisition company (SPAC). The acquisition follows reports that MariaDB has been suffering poor financial health and that has impacted…