Progress acquires PE-backed enterprise data management company MarkLogic

MarkLogic is a portfolio company of Vector Capital.

  • The purchase price was for $355 million
  • Yogesh Gupta serves as CEO of Progress while Jeffrey Casale leads MarkLogic as CEO
  • Vector Capital acquired MarkLogic in 2020

Progress, a provider of application development and infrastructure software, has acquired MarkLogic, a Redwood City, California-based enterprise data management firm. The purchase price was for $355 million.

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