Balderton Capital Congratulates MySQL on its $1 Billion Acquisition by Sun Microsystems

Balderton Capital Congratulates MySQL on its $1 Billion Acquisition by Sun
Microsystems

LONDON, January 16 /PRNewswire/ -- Balderton Capital, Europe's leading
venture capital firm, congratulates MySQL, which has agreed to be acquired by
Sun Microsystems for a total consideration of approximately $1 billion.
Balderton and its affiliate Benchmark Capital US were early investors in
MySQL which is the developer of the world's most popular open source
database. Balderton Capital held about 15% of MySQL. This exit will produce a
substantial return for investors in Balderton's Fund I.
The database software developed by MySQL has been deployed by many
leading internet and technology companies including Facebook, Google, Nokia,
Baidu and China Mobile. MySQL has its headquarters in Uppsala, Sweden and
Cupertino, California, USA.
Barry Maloney, partner at Balderton Capital said: "We are thrilled that
Sun Microsystems recognised the value in MySQL, a company that is at the
forefront of building the future of the web. We congratulate Kevin Harvey,
Marten Mickos and the rest of the board and management team at MySQL and are
confident that they will go on to achieve greater success as part of Sun.
"This has been a great investment for Balderton and emphasises our
position as an investor of choice for fast growing technology and media
companies."
About Balderton Capital
Balderton Capital is one of Europe's largest venture capital firms,
committed to finding and helping talented entrepreneurs build great
companies. Based in London, it manages approximately USD 1.5 billion in
committed venture capital.
Since 2000, Balderton has invested in over 70 companies across a wide
variety of technology sectors and geographies, including the UK, mainland
Europe, the US and China. Notable investments include Alphyra (Europe's
largest payment-processing network), Bebo (the leading social networking
site), Codemasters (the developer and publisher of innovative video games),
Habbo Hotel (the teen social networking site), MySQL (the open-source
database business) and Setanta Sports (the European sports pay-tv
broadcaster).
About MySQL
MySQL AB develops and supports a family of high-performance, affordable
database products. The company's flagship offering is 'MySQL Enterprise', a
comprehensive set of production-tested software, proactive monitoring tools,
and premium support services. MySQL is the world's most popular open source
database software. Many of the world's largest and fastest-growing
organizations use MySQL to save time and money powering their high-volume Web
sites, business-critical systems and packaged software -- including industry
leaders such as Yahoo!, Alcatel-Lucent, Google, Nokia, YouTube and
Booking.com. With headquarters in the United States and Sweden -- and
operations around the world -- MySQL AB supports both open source values and
corporate customers' needs. For more information about MySQL, please visit
http://www.mysql.com.
SOURCE Balderton Capital

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