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posted by Fnord666 on Friday April 26 2019, @07:26AM   Printer-friendly
from the light-on-details dept.

MongoDB announced today that it is acquiring Realm, an open-source database geared for mobile applications, for $39 million. The startup had raised just over $40 million before being acquired today. Not exactly a staggering return on investment.

https://techcrunch.com/2019/04/24/mongodb-to-acquire-open-source-mobile-database-realm-startup-that-raised-40m/

Realm and MongoDB are a natural fit because we share a vision that when developers can interact naturally with data, they are happier and more productive, and because our products are complementary. We're excited to get to work crafting our shared roadmap and will be ready to announce concrete details at our annual global conference, MongoDB World, held June 17-19 in New York City.

https://www.mongodb.com/blog/post/mongodb-and-realm-make-it-easy-to-work-with-data-together


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  • (Score: 0) by Anonymous Coward on Friday April 26 2019, @07:47AM (1 child)

    by Anonymous Coward on Friday April 26 2019, @07:47AM (#835036)
    • (Score: 1) by conn8d on Friday April 26 2019, @02:44PM

      by conn8d (6887) on Friday April 26 2019, @02:44PM (#835128)

      "That's an excellent question. We evaluated several NoSQL databases and concluded that the options are still too immature for our production needs. MySQL is a proven database that is used across the web and has the features we need."

      :P

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