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    MariaDB Finalizes Spinoff of Its Geospatial Business

    1/24/24 8:00:00 AM ET
    $MRDB
    Computer Software: Prepackaged Software
    Technology
    Get the next $MRDB alert in real time by email

    CubeWerx re-acquires rights to geospatial-as-a-service technology

    MariaDB plc (NYSE:MRDB) today announced that it has completed a spinoff of its geospatial business to CubeWerx, an independent entity and leader in geospatial products and services.

    "We are happy to see this powerful geospatial solution continue under its original company and leaders," said Tom Siegel, chief revenue officer, MariaDB plc. "As we continue to focus our efforts on our core MariaDB Enterprise Server product, we are encouraged knowing there is a strong geospatial service offered by CubeWerx that our customers with geospatial data needs can count on."

    About MariaDB

    MariaDB is a new generation 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, MariaDB 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 and Samsung, MariaDB's software is the backbone of critical services that people rely on every day. For more information, please visit mariadb.com.

    Source: MariaDB

    View source version on businesswire.com: https://www.businesswire.com/news/home/20240124517765/en/

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