MariaDB Completes Merger and Lands on NYSE as ‘MRDB’
REDWOOD CITY, Calif. and DUBLIN, Dec. 19, 2022 — MariaDB plc (NYSE:MRDB), a new generation cloud database company, today announced the completion of its previously announced business combination with Angel Pond Holdings Corporation (“APHC”), a previously publicly traded special purpose acquisition company, resulting in a combined company that is an Irish public limited company renamed MariaDB plc.
MariaDB delivers the backbone of services used by people every day – when accessing data on their smartphone devices, filling prescriptions, using 5G or making financial transactions. MariaDB’s new generation relational database products are engineered to support any workload, any scale and any cloud enabling customers to do more with their data. MariaDB is focused on delivering cloud data services through MariaDB SkySQL that address a broad customer base.
“Today is an exciting day that marks a new chapter for MariaDB and an important milestone in the cloud industry,” said Michael Howard, CEO of MariaDB plc. “Our customers increasingly come to us because they are struggling with the scalability and availability offered by the hyperscalers. With MariaDB SkySQL, we deliver better price and performance while freeing businesses from vendor lock-in with a multicloud offering. I am incredibly proud to work with our talented team and our investors as we continue to build success in the cloud for companies around the world.”
“I am thrilled to bring MariaDB to the public market. The MariaDB database is one of the most popular and is proving to be a critical ingredient for businesses’ success in their cloud transformations. With MariaDB’s differentiated product offering and extensive experience building world-class databases, the company is positioned well to support the tidal wave of cloud database migrations that are only just beginning,” said Theodore T. Wang, Ph.D., Chairman and CEO of APHC, who has joined MariaDB’s board of directors.
Michael Howard will continue to lead MariaDB as CEO, along with the current MariaDB management team.
The business combination was unanimously approved by APHC’s and MariaDB Corporation Ab’s boards of directors and approved by MariaDB Corporation Ab’s shareholders on October 26, 2022 and by APHC shareholders on November 22, 2022.
MariaDB is a new generation cloud database company whose products are used by companies big and small, reaching more than a billion users through Linux distributions and have been downloaded over one billion times. Deployed in minutes and maintained with ease, leveraging cloud automation, our database products are engineered to support any workload, any cloud and any scale – all while saving up to 90% of proprietary database costs. Trusted by organizations such as Bandwidth, DigiCert, InfoArmor, Oppenheimer, Samsung, SelectQuote and SpendHQ, MariaDB’s software is the backbone of critical services that people rely on every day.