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January 14, 2008

NYSE Euronext Buys Wombat Financial

NYSE Euronext has agreed to acquire Wombat Financial Software, a privately held global leader in financial market data management solutions, for $200 million in cash.

 

The acquisition, which follows a flurry of M&A activity among exchanges around the world, broadens NYSE Euronext’s connectivity, transaction, and data management solutions to customers.

 

The transaction, unanimously approved by the NYSE Euronext board of directors, is expected to close early second quarter 2008. The acquisition will be accretive to NYSE Euronext’s 2009 earnings.

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