Vector Capital-backed MarkLogic is acquiring one of the leading metadata management vendors Smartlogic, according to a press release on the company’s website. Smartlogic Semaphore is an enterprise-grade semantic platform that allows organizations to enrich data, extract facts, and harmonize information sources. Smartlogic allows users to drive self-service delivery as well as move enterprise search from keyword to semantic to find data related to a query. The company is known for its excellent modeling, metadata transformation, and creation capabilities.
MarkLogic offers an operational and transactional enterprise NoSQL database that is designed to integrate, store, manage, and search for data. Organizations can ingest structured and unstructured data with a flexible data model that adapts to changing data. It also natively stores JSON, XML, text, and geospatial data. MarkLogic’s Universal Index enables users to search across all data, and APIs enable application development and deployment.
As part of the transaction, Smartlogic’s founder and Chief Executive Officer, Jeremy Bentley, as well as other members of the senior management team, will join the MarkLogic executive team. The financial terms of the transaction are unavailable, and its unclear right now if or for how long Smartlogic will support its software for current customers. It also remains unclear how MarkLogic will integrate its newest acquisition into its product roadmap.
In a media statement on the news, MarkLogic CEO Jeff Casale said: “Enterprises are facing significantly more complex data challenges than ever before. By acquiring and integrating with Smartlogic, a best-in-class metadata and AI platform, we provide our customers with the tools to more easily unlock the enormous value embedded in human-generated content. We’re very excited to work with Jeremy and his talented team as we grow the business and deliver better outcomes for our customers.”
Solutions Review recently included Smartlogic as one of the Best Metadata Management Tools for 2021.
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