Seems similar to what Elastic did few years ago [1]. I kinda understand their motivation. It's not theirs originally, but they had antirez working on it for 5 years as their employee. They are making some contributions [2], I wish GH had a way to see such an insight by company affiliation. On the other hand, AWS and likes can easily fork pre-license-change version and spin it into its own product. However, I am fairly certain that AWS Elasticache is already such a thing – their own fork that diverged enough from the upstream and they are not eager to share.
So I view it as every major cloud provider with redis offering has its own fork. Except that Redis Labs also owns the original name. But it can go on as a stand alone project, like MariDB was spawn off after MySQL acquisition by Oracle.
AWS did not launch their own spinoff alone, but instead joined the Valkey project by the Linux Foundation[0], alongside many other major contributors:
> Industry participants, including Amazon Web Services (AWS), Google Cloud, Oracle, Ericsson, and Snap Inc. are supporting Valkey. They are focused on making contributions that support the long-term health and viability of the project so that everyone can benefit from it.
Seems like a good alternative to a single company's spinoff: Many major providers working on this same project should result in everyone benefiting from it.
So I view it as every major cloud provider with redis offering has its own fork. Except that Redis Labs also owns the original name. But it can go on as a stand alone project, like MariDB was spawn off after MySQL acquisition by Oracle.
[1] https://news.ycombinator.com/item?id=25776657
[2] https://github.com/redis/redis/graphs/contributors?from=2019...