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Progress Completes Acquisition Of Marklogic

PUBLIC · PRGSFeb 07, 2023

Acquiring Company

Progress Software

Acquired Company

MarkLogic

BurlingtonInformation TechnologySoftwareData CenterInformation TechnologySoftwareEnterprise SoftwareAnalyticsData CenterBig Data

Description

Progress (NASDAQ: PRGS), the trusted provider of application development and infrastructure software, today announced the completion of the acquisition of MarkLogic, a leader in complex data and semantic metadata management and a Vector Capital portfolio company. It is also another major milestone in Progress’ Total Growth Strategy.

Quick answer

Progress Software is acquiring MarkLogic, announced February 7, 2023. Progress Software is based in Burlington, Massachusetts, United States.

How much did Progress Software pay for MarkLogic?
The deal value was not disclosed.
What does Progress Software do?
Progress Software Corp. (Nasdaq: PRGS) is the trusted provider of infrastructure software.
Where are Progress Software and MarkLogic based?
Progress Software is based in Burlington, Massachusetts, United States.
Who are the decision-makers at Progress Software?
Fundz holds 1 contact at Progress Software. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Progress Software

Location

15 Wayside Road, Suite 400

Burlington, Massachusetts, United States

About

Progress Software Corp. (Nasdaq: PRGS) is the trusted provider of infrastructure software. With over three decades of experience and a current market capitalization of c.$2.3 billion, Progress has a proven track record in database management and a deep knowledge of the sector.

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Frequently asked

Who acquired MarkLogic?

MarkLogic was acquired by Progress Software, based in Burlington. The deal was reported on February 7, 2023. Progress Software Corp. (Nasdaq: PRGS) is the trusted provider of infrastructure software. Progress Software is publicly traded (PRGS) and operates in Information Technology.

When did Progress Software acquire MarkLogic?

Progress Software's acquisition of MarkLogic was reported on February 7, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MarkLogic do?

The MarkLogic semantic data platform gives Global 2000 and public sector organizations a faster, trusted way to unlock value from complex data and achieve data agility. It is privately held, operating in Information Technology.

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