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MariaDB plc - MRDB STOCK NEWS

Welcome to our dedicated page for MariaDB plc news (Ticker: MRDB), a resource for investors and traders seeking the latest updates and insights on MariaDB plc stock.

MariaDB PLC (Symbol: MRDB) is a dynamic cloud database company renowned for its innovative Software-as-a-Service (SaaS) solutions. Operating across EMEA, APAC, and America—with a significant revenue stream originating from America—the company provides cutting-edge database products that serve a diverse range of industries and applications. MariaDB's offerings are integral in reaching over a billion users through seamless integration with Linux distributions. Its products have been downloaded over a billion times, highlighting their widespread adoption and reliability.

The core business of MariaDB involves delivering robust, scalable, and secure database solutions that enable organizations to manage their data efficiently in the cloud. The company leverages advanced technologies to ensure high performance, availability, and ease of use. MariaDB's products are designed to support various use cases, from small-scale applications to large enterprise environments.

Recent achievements of MariaDB include significant updates to their cloud database platform, which now supports enhanced security features, faster performance capabilities, and improved user interfaces. The company has also forged strategic partnerships with leading tech firms to expand its market reach and enhance its product offerings. These collaborations have enabled MariaDB to stay at the forefront of database innovation and maintain its competitive edge in the SaaS market.

Financially, MariaDB has demonstrated consistent growth, reflecting its strong market position and the increasing demand for cloud-based database solutions. The company's commitment to continuous improvement and customer satisfaction has earned it a loyal client base and a robust financial standing.

MariaDB's ongoing projects focus on further advancing its cloud database technologies, exploring new integrations, and expanding its global footprint. The company remains dedicated to providing high-quality, reliable, and efficient database solutions that empower businesses to harness the full potential of their data.

With its comprehensive suite of database products and a strong focus on innovation, MariaDB PLC is well-positioned to continue its trajectory of success in the rapidly evolving tech landscape.

News
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MariaDB plc (MRDB) receives a non-binding indicative proposal from Progress Software Corp. to acquire the company's share capital. Progress offers software solutions for organizations' applications, data platforms, and IT infrastructure.
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MariaDB plc (NYSE: MRDB) discloses its opening position under Rule 8.1(a) & (b) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, showing no interests or short positions in relevant securities. Directors and advisers are outlined in the disclosure.
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MariaDB plc (MRDB) received an unsolicited proposal from K1 Investment Management LLC to acquire the company, leading to a possible offer. The board is reviewing the offer, which may or may not result in a firm offer being made. K1 has until March 29, 2024, to announce its intentions under the Irish Takeover Rules.
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MariaDB plc (MRDB) reports a positive first quarter for fiscal year 2024 with an 11% increase in Annual Recurring Revenue (ARR) and a significant improvement in Adjusted EBITDA loss. The company's focus on core products and cost reduction efforts have led to a Net Loss improvement of $3.9 million compared to the prior period.
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MariaDB plc (NYSE:MRDB) has completed a spinoff of its geospatial business to CubeWerx, a leader in geospatial products and services. The move allows MariaDB to focus on its core Enterprise Server product, while CubeWerx gains back the rights to its geospatial-as-a-service technology. The spinoff is aimed at providing customers with geospatial data needs a reliable solution, with CubeWerx now operating as an independent entity.
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MariaDB plc (MRDB) extends the expiration date of the $26.5 million senior secured promissory note with RP Ventures LLC, from January 10, 2024, to January 31, 2024. Details available on SEC's website and MariaDB's Investor Relations website.
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MariaDB plc (NYSE: MRDB) has filed its Annual Report on Form 10-K for the fiscal year ending September 30, 2023 with the SEC.
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MariaDB plc (NYSE:MRDB) completes spinoff of SkySQL business to newly formed company SkySQL Inc., allowing the new entity to assume development, sales, and support of the SkySQL DBaaS. This move aims to ensure a smooth transition for customers while enabling MariaDB plc to focus on its core product, MariaDB Enterprise Server.
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MariaDB board of directors undergoes restructuring and welcomes two new directors
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MariaDB plc (NYSE: MRDB) discloses its opening position under Irish Takeover Panel rules.
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FAQ

What is the current stock price of MariaDB plc (MRDB)?

The current stock price of MariaDB plc (MRDB) is $0.5494 as of August 24, 2024.

What is the market cap of MariaDB plc (MRDB)?

The market cap of MariaDB plc (MRDB) is approximately 37.9M.

What does MariaDB PLC do?

MariaDB PLC is a cloud database company offering robust, scalable, and secure Software-as-a-Service (SaaS) database solutions.

Where does MariaDB PLC generate most of its revenue?

MariaDB PLC generates most of its revenue from America, although it operates globally across EMEA, APAC, and America.

How widely are MariaDB's products used?

MariaDB's products are extensively used, reaching over a billion users through Linux distributions and downloaded over a billion times.

What are some recent achievements of MariaDB PLC?

Recent achievements include significant updates to their cloud database platform, enhanced security features, faster performance, and new partnerships.

What industries use MariaDB's database solutions?

MariaDB's database solutions are used across various industries, supporting diverse applications from small-scale to large enterprise environments.

What makes MariaDB's products stand out?

MariaDB's products are known for their robust performance, scalability, secure design, and ease of use in managing data efficiently in the cloud.

What ongoing projects is MariaDB involved in?

MariaDB is focused on advancing cloud database technologies, new integrations, and expanding its global presence.

How has MariaDB performed financially?

MariaDB has shown consistent financial growth, reflecting strong market demand for its cloud-based database solutions.

What strategic partnerships has MariaDB formed?

MariaDB has formed partnerships with leading tech firms to enhance its product offerings and expand its market reach.

What is the core business of MariaDB PLC?

The core business of MariaDB PLC is providing innovative, cloud-based database solutions as part of the SaaS market.

MariaDB plc

NYSE:MRDB

MRDB Rankings

MRDB Stock Data

37.95M
69.07M
123.12%
9.28%
0.34%
Software - Infrastructure
Services-prepackaged Software
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United States of America
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