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Quark, developer of the desktop publishing software QuarkXPress, has been acquired by Platinum Equity, a Los Angeles merger and acquisition company, for an undisclosed sum.
Quark, which is privately held, was previously owned by the Ebrahimi family, which bought it from founder Tim Gill in 2000. On August 1, the children of Farhad (Fred) Ebrahimi, who retired in 2005, completed a transaction in which they sold all of their Quark shares for cash, and handed over control of the company to Platinum Equity.
Remember when everybody hated Quark and loved Adobe? Not so much anymore. This makes me sad. Quark sold to merger and acquisition company | Publishing | Creative Notes | Macworld