Vector Capital is acquiring the data integration platform developer three years after NTT invested and five after it secured a $1bn valuation.
Private equity firm Vector Capital agreed on Wednesday to acquire US-based data integration software provider MarkLogic Corporation for an undisclosed sum, in deal that would allow telecommunications firm NTT to exit.
Founded in 2001, MarkLogic has developed a cloud software platform called Data Hub Service which streamlines the data integration process across a range of data silos, enabling users to organise and index raw data so it can be analysed on a large scale.
NTT had invested an undisclosed amount…
