Vector Capital agrees to acquire MarkLogic Corp.
Paul Hastings LLP, a leading global law firm, announced today that it served as counsel to Vector Capital on its definitive agreement to acquire MarkLogic Corporation, a provider of enterprise data integration and data management solutions.
The proposed transaction is expected to close in the fourth quarter of 2020.
San Francisco-based Vector Capital is a leading private equity firm specializing in established technology businesses. San Carlos, CA-based MarkLogic has over 2,500 customers, including government agencies, financial services firms, insurers, manufacturers, media companies, and healthcare providers. MarkLogic will continue to grow as a modern cloud data platform under Vector Capital ownership.
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