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Realm

MongoDB Strengthens Mobile Offerings with Acquisition of Realm

MongoDB, Inc., the leading modern, general purpose database platform, announced it has entered into a definitive agreement to acquire Realm, the company behind the Realm mobile database and Synchronization Platform, for $39 million in cash, subject to certain adjustments. The acquisition is expected to close in the second quarter of MongoDB’s fiscal year ending Jan. 31, 2020, subject to the satisfaction of customary closing conditions. “Realm is incredibly popular with mobile developers because it makes it easy for them…