- The acquisition of Zoomdata signals Logi’s commitment to adding innovative functionality to their platform through continued consolidation.
- Zoomdata’s acquired capabilities uniquely enable application teams to embed analytics with patented technology for big data and streaming data.
- The combination solidifies Logi’s position as the leader in embedded analytics with the richest suite of capabilities and a global partner network.
Overview
On June 10, 2019, Logi Analytics acquired Zoomdata, the leading analytics platform for big data and live streaming data.
Financial terms of the transaction were not disclosed.
Zoomdata’s previous investors included Accel, Goldman Sachs, NEA, Comcast Ventures, etc.
Significance
Catapult’s role
- Catapult initiated conversations between Logi and Zoomdata and served as Logi’s financial advisor in this transaction.
- Following the successful Jinfonet Software transaction earlier this year, Logi retained Catapult to advise them on another highly successful transaction.
- This marks the second transaction in 2019 where Catapult has engaged with Logi Analytics, a Marlin Equity portfolio company, on either the buy-side or sell-side.