Nasdaq OMX makes London buy

London-based softare-as-a-service (SaaS) business Glide Technologies has been acquired by Nasdaq OMX for an undisclosed amount.
Round-up of today's M&A deals


London-based softare-as-a-service (SaaS) business Glide Technologies has been acquired by Nasdaq OMX for an undisclosed amount.
Round-up of today’s M&A deals

London-based software-as-a-service (SaaS) business Glide Technologies has been acquired by Nasdaq OMX for an undisclosed amount.

Glide Technologies is to be integrated into Nasdaq OMX, which provides market intelligence, communications and corporate governance to public and private companies, with its Corporate Solutions service.

Demetrios Skalkotos, senior vice president at Nasdaq OMX Corporate Solutions, comments: ‘As the corporate landscape continues to change, we see the PR, IR and governance roles increasingly converging.

‘This has led to the need for an integrated suite of communications solutions rather than a variety of siloed product offerings.’

Chief executive officer at Glide Technologies, Sam Philips, says that the deal is a ‘logical step’ for the business to be making.

Round-up of today’s M&A deals

  • Sony Creative Software to acquire NetBlender

Value: undisclosed

Advisers: undisclosed

Read more

  • Oracle buys RightNow

Value: $1.5 billion

Advisers: undisclosed

Read more

Todd Cardy

Todd Cardy

Todd was Editor of GrowthBusiness.co.uk between 2010 and 2011 as well as being responsible for publishing our digital and printed magazines focusing on private equity and venture capital.

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