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Database Provider MariaDB Going Public Via SPAC Merger

By Kevin McLaughlin
· · Source: The Information

MariaDB, an eight-year-old Finland-based company that is building a business around the eponymous open-source database software, announced it is going public through a merger with Angel Pond Holdings Corporation, a special purpose acquisition company (SPAC). The deal—which gives MariaDB an implied enterprise value of $672 million, or around 14 times its expected revenue of $47.4 million for...

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