MariaDB Corporation has acquired MammothDB to enhance its analytics solutions and expand its European presence with a new office in Bulgaria.
Target Company Overview
MammothDB is an enterprise analytics database company that has established a reputation for delivering robust big data solutions. With expertise in analytics engineering, MammothDB has developed tools that help organizations harness the power of their data, enabling them to make informed business decisions. This acquisition will bolster MariaDB’s product offerings, specifically its MariaDB AX solution, which focuses on modern analytics and data warehousing.
The addition of MammothDB's engineering talent presents an opportunity for MariaDB to enhance its current analytics capabilities. By integrating MammothDB's technologies, MariaDB aims to offer solutions that are not only cost-effective but also scalable across various cloud environments.
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Industry Overview in Bulgaria
Bulgaria's tech industry has witnessed significant growth over the past few years, becoming a hub for innovation and technology development in Eastern Europe. The country boasts a skilled workforce, particularly
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MariaDB Corporation
invested in
MammothDB
in 2018
in a Buyout deal