good news everyone, mariadb strain is now owned by PE

https://www.prnewswire.com/news-releases/k1-acquires-mariadb-a-leading-database-software-company-and-appoints-new-ceo-302243508.html

I will say I'm not much of a fan of mysqls but uhhhhh this seems bad

31 points · 6 comments · view on lemmy.world

6 Comments

Moonrise2473@feddit.it · 13 pts · 1y (4 replies)

I never understand how articles are always excited to announce stuff like this. Yes, ok the C suite is going to get a fat check, but being acquired by a company that exclusively focus on making money isn't really a good thing. Selling database support to enterprises don't have the exponential growth that those investors are usually craving. Are those investors OK with a slow but steady income flow?

froztbyte@awful.systems · 9 pts · 1y (3 replies)

it’s PR Newswire - the entire content of this will be a press release sent out by the companies themselves, having been written by the pr/marketing departments of the entities involved l

Moonrise2473@feddit.it · 6 pts · 1y (2 replies)

yes but i saw a similar enthusiastic post on TechCrunch

Evinceo@awful.systems · 7 pts · 1y

Every TC article I've seen recently is furious jerking about how totally legal AI is and how it will finally defeat the copyright Great Satan.

gerikson@awful.systems · 6 pts · 1y

As I'm sure you'll be informed by David, a lot of "tech" press pieces are thinly rewritten PR puff pieces.

arbitraryidentifier@awful.systems · 6 pts · 1y

Well, they used to have 700 customers.