Posted on: January 24, 2023, by: Semaphore
BURLINGTON, Mass., Jan. 3, 2023—Progress (NASDAQ: PRGS), the trusted provider of application development and infrastructure software, today announced it has entered into a definitive agreement to acquire MarkLogic, a leader in managing complex data and metadata and a Vector Capital portfolio company. Upon closing of the planned transaction, MarkLogic is expected to enhance Progress’ commitment of delivering the best products to develop, deploy and manage high-impact applications by providing a unified enterprise-grade semantic data platform that empowers customers to derive value from complex data.
Semaphore is part of the Progress product portfolio. Progress is the leading
provider of application development and digital experience technologies.
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