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Angel Pond Holdings (POND) to Combine with MariaDB in $672M Deal

Angel Pond Holdings (POND) to Combine with MariaDB in $672M Deal

Angel Pond (NYSE:POND) has entered into a definitive agreement to combine with open source software provider MariaDB at an enterprise value of $672 million, or 14.2x its 2022E revenue. Redwood City, California-based MariaDB provides an software platform for enterprise business and cloud management with about 1 billion downloads to date. The combined company is expected
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