Announced
Completed
Financials
Sources
Tags
Private Equity
Private
Completed
Software
Majority
technology software
Acquisition
Domestic
Friendly
Single Bidder
United States
Synopsis
Vector Capital-backed MarkLogic, a provider of complex data integration services, completed the acquisition of Smartlogic, a developer of an ontology-driven technology software. Financial terms were not disclosed. “Enterprises are facing significantly more complex data challenges than ever before. By acquiring and integrating with Smartlogic, a best-in-class metadata and AI platform, we provide our customers with the tools to more easily unlock the enormous value embedded in human-generated content. We’re very excited to work with Jeremy and his talented team as we grow the business and deliver better outcomes for our customers," Jeff Casale, MarkLogic CEO.
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