Quark acquired by Parallax venture capital

Quark Software, best known for its QuarkXPress page layout software, has been acquired by Parallax Capital Partners LLC, a private equity firm based in California and specialising in software. Parallax will invest further in Quark to drive up adoption for its content automation solutions.

Ray Schiavone, Quark’s CEO

Quark has developed an extremely flexible multichannel approach to publishing content in print and on mobile and web platforms. This has helped give new life to QuarkXPress but Quark also sells content solutions to a wide range of industries.

Ray Schiavone, Quark’s CEO commented: “Quark has achieved what so many established brands fail to, which is to reinvent our company in the face of insurmountable odds. Through content automation, today Quark enables some of the world’s largest organizations to transform customer experience, reduce time-to-market, improve compliance, and reduce costs. In Parallax we believe we have a partner that shares this vision for organizations to realize the true value of their content.”

Parallax has formed in January 1999 and has since acquired over 20 companies focussed around application software and related services. It concentrates on companies with revenues between $5 and $100 million where it sees the opportunity to add value. It often takes an active role in a company’s management. James Hale, managing partner at Parallax, said of Quark: “This is a company with outstanding talent and leadership, innovative technology and acclaimed customer base. Parallax is looking forward to bringing its experience and expertise to help Quark take its enterprise content automation business to the next level.”

 


Posted

in

, ,

by

Syndicate content

You can license the articles from Printing and Manufacturing Journal to reproduce in other publications. I generally charge around £150 per article but I’m open to discussing this for each title, particularly for publishers that want to use multiple stories. I can provide high res versions of images for print publications.

I’m used to working with overseas publishers and am registered for VAT with the UK’s HMRC tax authority but obviously won’t charge VAT to companies outside the UK. You can find further details and a licensing form from this page, or just contact me directly here.

Support this site

If you find the stories here useful then please consider making a donation to help fund Printing and Manufacturing Journal, either as a one-off or a repeat payment. Journalism is only really useful if it’s truly independent and this is the only such news source serving the print/ manufacturing sectors.

However, there are costs involved in travelling to cover events, as well as maintaining this site, not to mention the time that it takes to carry out research, check facts and interview people. So if you value this work, then please help to maintain it and keep it free to read.

Subscribe

Never miss a story – subscribe to Printing and Manufacturing Journal to receive an email notification every time an article is published here. It’s completely free of charge and you can cancel the subscription at any point without any hassle. There’s no need to provide any information other than an email address and subscribers details are not for sale so there’s no risk of any further marketing spam.

Related stories

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *