Monday, 15 February 2016

NASDAQ TO ACQUIRE MARKETWIRED

NEW YORK, Feb 15 (Bernama-GLOBE NEWSWIRE) --  Nasdaq, Inc. (Nasdaq:NDAQ) today announced that it has entered into a definitive agreement to acquire Marketwired, a leading global provider of news distribution services and analytics for communications professionals. Marketwired services over 8,500 clients, including Forbes 2000 companies, private corporations and public relations agencies. The acquisition is expected to further bolster Nasdaq's position as a leading, global corporate services provider. Subject to customary conditions, the deal will be funded through a mix of debt and cash on hand and is expected to close in the first quarter of 2016.

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 the media landscape continues to expand globally, including tremendous growth of social media channels, the combined organization will be a leader in global distribution of news releases through Nasdaq’s world-class GlobeNewswire distribution capabilities and work-flow platform, as well as Marketwired’s leading offering of social media targeting and monitoring services.


http://mrem.bernama.com/viewsm.php?idm=26199

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