MCLEAN, Va., Oct. 26, 2017 (GLOBE NEWSWIRE) -- Logi Analytics, Inc. (“Logi”) is pleased to announce that it has been acquired by Marlin Equity Partners (“Marlin”), a global private equity firm with over $6.7 billion of capital under management. Logi is a leading embedded analytics platform that helps software application teams create engaging analytic applications that drive operations for millions of users globally.
“Today, the most effective way to deliver information to people is within the context of where they are—via a software application. Our vision is helping product leaders and developers build smarter software applications that help users make better decisions,” said Steven Schneider, CEO of Logi. “We are excited to begin our next chapter of growth and leverage Marlin’s expertise and operational resources to accelerate the delivery of our innovative products to application teams across the globe.”
“Logi has consistently maintained its position as the industry-leading embedded analytics software platform,” said Jonah Sulak, a partner at Marlin. “We are thrilled to partner with Logi and further its vision of providing companies with the ability to build smarter software for mission-critical applications. Logi is ideally positioned to lead and bring innovations to an increasingly software-driven world and we look forward to supporting the company during its next phase of growth.”
“Embedded analytics is a digital workplace capability where data analysis occurs within a user's natural workflow and doesn't require toggling to another application. Moreover, embedded analytics packages and contextualized data analysis is easy to use and almost invisible to the user,” said Kurt Schlegel, Research VP at Gartner, Inc. “Embedded analytics contributes to creating an organizational culture where analytics are broadly used and trusted for decision support and personal growth within the digital workplace.”*
Logi Analytics has been recognized in Gartner’s March 2017 Critical Capabilities for Business Intelligence and Analytics Platforms, 02 March 2017.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
*Gartner, Hype Cycle for Data Science and Machine Learning, 2017
Published: 28 July 2017 ID: G00325005
About Logi Analytics
Logi empowers companies to embed analytics into the fabric of their organizations and products—enabling anyone to analyze data, share insights, and make informed decisions. With Logi, product teams create analytic applications that are purpose-built to users’ unique roles and skills and infused within existing workflows and security models.
More than 1,800 customers worldwide rely on Logi Analytics. The company is headquartered in McLean, Virginia. Learn more at LogiAnalytics.com and join the conversation @LogiAnalytics.
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $6.7 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 100 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
MEDIA CONTACT: Kevin Alansky
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Source:Logi Analytics, Inc.