MongoDB acquired database hosting company mLab
MongoDB, the leading modern general-purpose database platform, announced that it had signed the final agreement to acquire mLab.
mLab is a San Francisco-based cloud database services company. The acquisition is expected to be completed in the fourth quarter of MongoDB‘s fiscal year, which ends on January 31, 2019, subject to customary closing conditions. MongoDB’s acquisition of mLab will help deepen the relationship with a developer-centric entrepreneurial community where mLab has been very successful. mLab currently has approximately one million managed databases on its platform, including free and paid users.
Will Shulman, CEO mLab expressed his interest in this acquisition and is happy to work with MongoDB to modernise the company’s storage and management of the most valuable assets.
As a customer of mLab, this means a service migration is required. However, the official said that moving to MongoDB Atlas will be a smooth experience and will continue to receive quality service.
mLab indicates that the user will be provided with specific details of the migration plan in the upcoming release. During this time, users should know:
- You will be given plenty of time to migrate, and nothing will be required of you for at least 4 months. We expect to have all customers migrated to Atlas within the next 12 months.
- Once migrated, your Atlas database will be hosted on similar hardware and cost the same or less than your original plan on mLab.
- We will provide tools that allow you to migrate with either minimal downtime or no downtime to your application.
- All of this applies to users with mLab Heroku add-ons as well.