Nasdaq Completed Acquisition of Marketwired
- M&A Deals
- 25.02.2016 01:00 pm
Nasdaq announced its intent to acquire Marketwired on February 12, 2016. The deal expands Nasdaq's position as a leading, global corporate services provider. Nasdaq's corporate services clients will benefit from an enhanced experience by gaining access to Marketwired's market-leading social media targeting tools and analytics, as well as an expanded reach of Nasdaq's GlobeNewswire.
The acquisition is expected to be accretive to Nasdaq's non-GAAP earnings within twelve months and should have no material impact on Nasdaq's financial leverage or capital return strategy.
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of approximately $9.6 trillion and nearly 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.
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The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These factors include, but are not limited to factors detailed in Nasdaq's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.