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Report: MySQL plans to go public

MySQL plans an initial public offering, Computer Business Review reported Tuesday. "We are planning to go public," Chief Executive Marten Mickos told the publication, adding that he's in no hurry to do so.

Mickos said in the interview that his company has spent less than half of the venture financing it's raised.

The move isn't a surprise, but Mickos hasn't been so overt about the possibility until now. Last year, when Mickos confirmed that Oracle sought to acquire MySQL, he gave the following explanation of his corporation's ambition: "We will be part of a larger company, but it will be called MySQL."