Vector Capital to acquire MarkLogic.

Vector Capital, a private equity firm, agreed to acquire MarkLogic, a provider of enterprise data integration and data management solutions. Financial terms were not disclosed. The transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2020. “MarkLogic is pioneering innovative approaches to data integration in the large and attractive data management industry. We see significant opportunities for growth and are looking forward to supporting the company as it seeks to capitalize on the increasing complexity of Big Data. MarkLogic’s highly advanced data management capabilities, top-notch talent pool, and blue-chip customer base position it for success and continued expansion,” Andy Fishman, Vector Capital Managing Director.