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
- Oracle buys RightNow
Value: $1.5 billion
Advisers: undisclosed