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BtoB

Platinum Equity acquires Quark

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Los Angeles—M&A firm Platinum Equity has acquired the publishing software company Quark Inc. Financial terms of the deal were not disclosed. Platinum said it plans to building an acquisition strategy to buy properties to add to Quark. Denver-based Quark has seen its once dominant market share eaten away by Adobe Systems' InDesign software. “We believe that with their expertise and innovative software, Quark has the potential to revolutionize publishing again,” said Brian Wall, Platinum Equity partner, in a statement.
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