Announcement regarding possible offer
Comments
So, what's the next fork going to be called?
Or has the acquirer somehow plugged Monty's favorite end-run around the acquisition game this time around?
well, does monty have a third child? if not, there probably won't be a fork
In Japan, "family" business owners often adopt adult children with the sole intention of them taking over the business without it leaving the "family".
He does (My, Maria and Max) but the name is already used for a database: https://en.wikipedia.org/wiki/MaxDB
MaxSQL it is
The name of MaxDB already comes from Monty's son Max.
What even is mariadb's business model?
Build, sell, fork, repeat.
They sell support to anyone with a MariaDB database that needs it. Many customers. Pretty cheap.
Source: Used to work there.
The original way of making money with FOSS that folks like Hashicorp and InfluxData fail to understand while they push for unicorn status.
Except that model doesn't work for all software use cases, specially desktop software.
Most of HashiCorp's and InfluxData's products are server-side cloud stuff, though, yeah?
Not when the product is a programming language for infrastructure management.
I wonder where MariaDB and MySQL will be in like 5-10 years. The whole SPAC thing was weird to hear about and now talk of possible acquisition.
I picked MariaDB for a freelance project recently, because it seems to work well with everything I self-host: Matomo Analytics, Apache Skywalking APM, BookStack Wiki, Keycloak for user management and for any of the .NET (or Java) services that I'm going to be running.
Aside from DDL not being transactional (like in PostgreSQL) it's nice to use, has reasonable resource usage and in some ways is pretty simple (even things like having just databases instead of the database/schema separation, which I don't necessarily need). Also, tooling like MySQL Workbench is great and stuff like Bitnami container images make spinning up new instances easy as can be.
It's good that for most basic use cases switching between MySQL and MariaDB is still doable, yet I still hope that both of the projects will stick around and will remain alive. Admittedly, you mostly hear about PostgreSQL on HN - though a litmus test like Google Trends or the DB-Engines Ranking site both suggest that it might be over represented here a bit (lots of cool features to talk about).
Didn't know MariaDB even traded on the market:
https://finance.yahoo.com/quote/MRDB/
It's at penny-stock-level status with low volume.
Runa is already a major stakeholder in MariaDB.
Recently, the MariaDB board started to pursue additional private equity and a dilution of shares and this is part of Runa's response.
More information is available in this SEC filing : https://d18rn0p25nwr6d.cloudfront.net/CIK-0001929589/2335caa...
Just gets better every year without drama or fanfare. the postgres devs are really unsung heroes in the developer community.
Agreed, Postgres is a no-brainier for most (either low capital startups or open source) db applications
You’d think, but people certainly still choose MySQL these days, and without a really serious reason to other than familiarity.
By all means, use what you’re comfortable with but not having stuff like transactional DDL feels backwards at this point.
It's a great choice for higher budget applications too. At my job (public tech company, former startup), we use Postgres as our source of truth for just about everything that should go in an OLTP database (e.g. not analytics). I don't think there's another database product that would work as well for us as Postgres.
This is MariaDB, a MySQL fork.
OP is mentioning Postgres as a counterpoint.
The way they wrote a full sentence, that seems to be about Postgres, before introducing the word "Postgres" in the second sentence, does make it appear like they were confused and thought this thread was about that. (As the other logical reading would be that the first sentence is complimenting MariaDB before switching tack for sentence two. What they needed to do to not cause the confusion was to start with "Meanwhile, Postgres just gets...")
MariaDB itself is GPL, no?
https://mariadb.com/kb/en/mariadb-licenses/
That makes it a bit different than something like Mongo or Elasticsearch suddenly going with a business friendly license.
However, I still would wonder about the health of the committership community independent of this company. The job of a good foundation is to steward the project accordingly, and I wonder if MariaDB has been community or company governed?
Actually the Business Source License was originally created by MariaDB! It was applied to their database proxy product MaxScale.
The core database server will always be GPL though, especially as a fork of MySQL under the GPL.
MariaDB has a community and foundation which (afaik) is independent of the company.
Hah, so MariaDB was created because the creator of MySQL got pissed about the acquisition by Sun/Oracle, and now MariaDB might be acquired as well? Making bank while forking their project over and over isn't a bad way to make a living it seems.
good thing the concept of non-compete windows are not part of FOSS
I would never fault anyone for cashing in and walking away when offered a life-changing sum. Life is too short.
contesting a will, divorce, police corruption, golden parachute, etc..
Receiving an unsolicited offer compels them to publish this notice, and by their declaration they were not seeking that offer (“unsolicited”).
Technically, I think anyone can make an offer on any company operating in their legal jurisdiction, and that would compel the company receiving the offer to publish an equivalent press release.
I don’t blame them for having nothing to add at this time other than “here is the legally required declaration, please wait”. Even a flat refusal takes time to prepare, in order to meet all the necessary legal forms.
(This is not legal advice, please consult a legal professional regarding the validity of these statements in your jurisdiction(s), etc.)
Is it more that they're against acquisitions in general, or specifically an acquisition by Oracle, widely considered one of the eviler tech companies?
Just short of a hundred million dollars against it, in that case. :-)
Edit: my bad - Sun acquired it, not Oracle. Made me all sad for Suns demise again.
IIRC MariaDB was forked when Oracle acquired Sun, which happened about a year later.
As a long term MySQL user I think getting acquired by Oracle pretty good for the product. The old, hard issues that MySQL never had the engineering to tackle themselves finally got resolved.
what are those?
Atomic DDL (possible because of a complete rewrite of the underlying storage format), proper Unicode by default (did you know that utf8 in MySQL is not really utf8? hit up your favorite search engine for utf8mb3 vs utf8mb4), strict typing by default, plus a horde of new features many MySQL users have been waiting like CTEs and window functions.
I too am a fan of what Oracle did for MySQL. There haven't been any major releases since 2018, though. Since their development process is closed, I am wondering when/if are we going to see MySQL 9 (if it's anything like 8, it's going to be huge).
https://dev.mysql.com/doc/refman/8.0/en/mysql-nutshell.html
MariaDB initially went through a process of adding absolutely everything they could into the database (e.g: many additional storage engines like Cassandra and TokuDB), most of which since have been removed. It felt less like it was driven by a strong engineering process, and more like let's throw everything and see what sticks (not much did).
didn't later versions of mysql 5 also have utf8mb4? Or did they do something else? I also wonder why mysql wouldn't have had the resources for strict typing by default, I'm fairly ignorant of the complexities involved, but since this involves just checking data types on insert, it would seem to my non-expert understanding like not that big of a task to add. I don't say that to disagree with you or disparage oracles work, I'm just trying to understand your point of view better.
> There haven't been any major releases since 2018, though. Since their development process is closed, I am wondering when/if are we going to see MySQL 9 (if it's anything like 8, it's going to be huge).
MySQL since 8.0 is on a "rolling release" model, where features were shipped as part of 8.0 once they were finished instead of waiting for a 9.0 release. Thus 8.0 got quite a few improvements since 8.0.0.
Recently they announced a new model where they split LTS style versions and increase version number, again, but features still appear as they are done and not for a big release: https://blogs.oracle.com/mysql/post/introducing-mysql-innova...
Just to add to the explanation in the sibling comment, MySQL 8.1 was released in July.
Facebook and Alibaba deserve a lot of the credit for MySQL’s recent renaissance.
And a lot of mysql 5.6 was percona.
> tech companies
Oracle is not a tech company but a law firm that happens to have an engineering department.
That's IBM. Oracle is a horrible person which happens to have a law firm.
Oracle is a lawnmower with a law firm.
And a boat.
MariaDB already had its exit last December. It went public via a SPAC deal.
Like most SPACs, the stock hasn't performed well. Its market cap is now around $30 million, which is substantially less than it raised in venture funding.
If they want to remain a public company, they'll need to do a reverse-split soon to get the stock price above $1/share, otherwise they'll be de-listed.
The big difference here is that Runa Capital is a venture capital firm, and they already invested in MariaDB 8 years ago. To be honest I don't really understand how this acquisition makes sense in that context.
Might be that they already have a buyer, and want to get the whole company before turning it over for a profit.
It's trading at a market cap of around $31 million, which is below even its revenue. Could make sense to buy it, improve operating metrics, and then flip it. (Or buy it, make it profitable, and earn a return that way.)
I'm surprised the employees aren't making a buy out offer at this point. I'd love to own a reasonable fraction of the company I work for at that sort of price and would happily throw in some of my savings.
well how many employees are left? just cause the company has revenues doesnt mean they have the wealth to buy their employer. ofc i'd absolutely love for this to happen. but also fair warning to any mariadb employees seriously considering this, figure out your renewal strategy first
Pumping my savings into a struggling company so that when it eventually fails I'm not only unemployed but also out of savings? That's a concentration risk I wouldn't want to have if I were a MariaDB employee.
[delayed]
I think that if you're working for a company facing this sort of situation you wouldn't be as bullish. On top of that you'd have ownership through stock options which you didn't need to fork over savings for.
That makes sense, except the numbers may not match what people have/are willing to risk on their employer. $31m divided 500 ways (guessing @ staff size) is $62k each. That's a big bet in one place, and one that is likely to be out of reach for some staff.
Gives a new meaning to "fork over the cash" :-)
time to use postgresql which doesn't come with these types of drama.