11 August 2011

[design] Quark, Inc, Acquired By Equity Capital Firm

2647.Quark Inc, the company that once stood astride the electronic layout and desktop publishing world like a legendary titan with its once-category defining application QuarkXPress is no longer an independent company.

It was acquired by equity capital firm Platinum Equity. Details of the transaction, and how much Platinum Equity paid for Quark Inc, have not been released. While Platinum has promised to remain loyal to Quark's installed base, nothing is known yet about whether or not Quark's headquarters will remain in Denver, Colorado (where Quark has been headquartered since its founding in 1981) or if its current management team will be retained.

A fuller story can be had at the website News & Tech, Quark acquired by Platinum Equity.

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