Meridian Bidco LLC, an Affiliate of K1, to Acquire MariaDB plc for $0.55 per Share
Acquiring Company
Kyndryl
Acquired Company
MariaDB plc
Description
K1 Investment Management, LLC through its Affiliate, Meridian Bidco LLC, has announced a recommended cash offer to acquire the entire issued and to be issued share capital of MariaDB plc at $0.55 per share. This strategic move aims to drive further growth and innovation in the database management space.
Quick answer
Kyndryl is acquiring MariaDB plc, announced April 24, 2024. Kyndryl is based in New York, New York, United States.
- How much did Kyndryl pay for MariaDB plc?
- The deal value was not disclosed.
- What does Kyndryl do?
- Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries.
- Where are Kyndryl and MariaDB plc based?
- Kyndryl is based in New York, New York, United States. MariaDB plc is based in Menlo Park, California, United States.
- Who are the decision-makers at Kyndryl?
- Fundz holds 4 contacts at Kyndryl. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired MariaDB plc?
MariaDB plc was acquired by Kyndryl, based in New York. The deal was reported on April 24, 2024. Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. Kyndryl is publicly traded (KD) and operates in Information Technology.
When did Kyndryl acquire MariaDB plc?
Kyndryl's acquisition of MariaDB plc was reported on April 24, 2024. K1 Investment Management, LLC through its Affiliate, Meridian Bidco LLC, has announced a recommended cash offer to acquire the entire issued and to be issued share capital of MariaDB plc at $0.55 per share. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MariaDB plc do?
MariaDB plc is a global open-source database software company. It provides enterprise solutions for both transactional and analytical workloads, on-premise or in the cloud. It is privately held, operating in Information Technology, and is based in Menlo Park.
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