Syncsort Acquires Cogito in Big Data Transaction
Palo Alto and London – August 31, 2016 – Cooley advised Syncsort, a global leader in big data and mainframe software, on its acquisition of Cogito, a UK software company that provides energy trading and risk management solutions.
"Syncsort continues to heavily invest in acquisitions that help enterprises quickly deliver valuable data assets from mainframe and legacy systems to next-generation big data platforms," said Syncsort CEO Josh Rogers.
Syncsort is a Clearlake Capital portfolio company. Cooley has a longstanding relationship with Clearlake, advising the firm on various transactions and portfolio matters since 2011. Most recently, Cooley represented Clearlake on its agreement to sell NetMotion Wireless to the Carlyle Group.
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