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Open source pioneer closes after failing to identify a qualified investor or acquirer
Sep 7, 2001, 06 :38 UTC (0 Talkback[s]) (2739 reads) |
"Great Bridge LLC, the company that pioneered commercial distribution and support of the PostgreSQL open source database, announced today that it has ceased business operations. Great Bridge, founded in May 2000 by Norfolk, Virginia-based media conglomerate Landmark Communications, Inc., initiated a search for additional investors or an acquirer in July of this year. This search did not generate a qualified investor or acquirer, and Great Bridge's board decided to close the business."
Complete Story
Related Stories:
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Great Bridge PostgreSQL 7.1 package announced(Jul 09, 2001)
WebTechniques: Someone Else's Database(Feb 15, 2001)
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