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Private Equity Firm Snatches Up Marketo

Sunday, Jun 05 2016
News
Written by  CMO Tech News

Private equity firm Vista Equity Partners has agreed to acquire marketing software company Marketo for $1.79 billion, which represents a 64% premium over the stock’s May 9 closing price. So reports CNBC.

Marketo CEO Phil Fernandez says the deal will allow the company to remain an independent category leader.

Read the full article from CNBC.

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