MySQL Hits $50 Million Revenue, Plans IPO

An anonymous coward writes "MySQL, purveyor of the open-source database of the same name, is on the road to becoming a publicly traded company, bolstered by $50 million in revenue in 2006. "It's still in the pipeline," Chief Executive Marten Mickos said of the plan to hold an initial public offering of his company's stock. He declined to discuss when the company planned to go public, but said, "We're making good progress, doing all the things we need to get done.""

Comments

Not suprising. SCO has some extra cash around

[bl8n8r]

from all those cash infusions* from microsoft, Baystar, and Royal Bank of Canada.
I expect the 60 million got invested into the pump-n-dump also, so there should be
plenty to stick in MySQL's G-string.

[*]
http://uk.builder.com/0,39026540,39338281,00.htm
http://www.mysql.com/news-and-events/news/article_ 948.html
http://slashdot.org/article.pl?sid=03/05/19/105522 3
http://news.zdnet.com/2100-3513_22-5057033.html