"The company went private again a year ago, via a private equity takeover. Then, in March this year, it said it wanted to get back into the database-as-a-service biz. At the time, De Souza told The Register that MariaDB wanted to avoid its previous approach with SkySQL, because "the way that had been structured was almost having them compete with the cloud hyperscalers, which is crazy." Also, he added, "the product wasn't really there.""
"That's clearly changed, with MariaDB trilling in its Tuesday announcement that SkySQL had "significantly advanced its product offering" since being offloaded. A big part of that advancement was down to SkySQL's introduction of a money-saving serverless mode, not to mention its addition of support for Microsoft's Azure public cloud, but its embrace of AI during its 18 months of independence surely didn't hurt."
MariaDB re-acquired SkySQL to accelerate MariaDB Cloud and leverage SkySQL's product advances. MariaDB had retained an equity stake after offloading SkySQL in late 2023 following layoffs and the divestiture of Xpand, a PostgreSQL-compatible front end. The company returned to private ownership via a private equity takeover and sought to re-enter the database-as-a-service market. SkySQL introduced a serverless mode, added support for Microsoft's Azure, and developed AI features including semi-autonomous semantic agents after raising a $6.6 million seed round. Terms of the acquisition were not announced. MariaDB intends to integrate those capabilities into MariaDB Cloud to reduce costs and enhance competitiveness against cloud hyperscalers.
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