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OMX ISK
OMX has acquired Findata AB   5.3.2007 11:21:58
News categories: Corporate news      Íslenska  English
OMX has acquired Findata AB

OMX has acquired Findata AB

 

OMX has acquired Findata AB from Bisnode. Findata is a leading supplier of information on Nordic companies and offers customized indexes.

 

Findata has the most full-coverage data base for financial data in the Nordics, including corporate action, accounting, company descriptions, financial history, customized indexes, corporate events and calendar information. The customized indexes are mainly used by members on the Nordic Exchange.

 OMX’s offering of information services is a growing and profitable part of OMX that increases the visibility and the transparency of the companies on the Nordic Exchange. Thereby, OMX’s information services also simplify trading and contribute to increased liquidity. By acquiring Findata, we will be able to further develop our information services to the benefit of the Nordic Exchange and its customers,” says Hans-Ole Jochumsen, President Business Area Information Services & New Markets within OMX.

 

Findata has 7 employees, located in Stockholm and its revenues amounted to SEK 17 million with significant profitability for the full year 2006. OMX pays SEK 43.5 million as a down payment and commits to an additional earn out payment of maximum SEK 35 million.

 

For more information, please contact:

Niclas Lilja, Press Relations, OMX                                                         +46 8 405 63 95

 

About OMX | OMX is a leading expert in the exchange industry. Through the Nordic Exchange, OMX offers access to approximately 80 percent of the Nordic and Baltic securities market. The Nordic Exchange is a term used for marketing purposes and is not a legal entity. It describes the common offering from the Helsinki Stock Exchange, Copenhagen Stock Exchange, Stockholm Stock Exchange, Iceland Stock Exchange, Tallinn Stock Exchange, Riga Stock Exchange and Vilnius Stock Exchange. OMX' integrated technology solutions cross the transaction chain enabling efficient securities transactions for over 60 exchange organizations in more than 50 countries. OMX is a Nordic Large Cap company in the Financials sector on the OMX Nordic Exchange. For more information, please visit www.omxgroup.com

 


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