The financial exchange purchased the company for $10.5 billion, its largest acquisition to date, and will fold its sales and management team into a new fintech division. Nasdaq, in addition to being one of the top U.S. stock exchanges, also offers analytics, data, software and other services in support of its clients.
Estimated reading time: 0 minutes, 24 seconds
Nasdaq Looks to Shore Up Fintech Services with Record-setting Adenza Acquisition
Nasdaq Inc. added software provider Adenza in an effort to transform into a holistic financial services company. So reports Yahoo! Finance.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-
-
-
Sep 03 2020
-
Written by FinTech News Brief Staff
The IRS issued new guidance indicating cryptocurrency earned from crowdsourcing-based…
-