NYSE buys Wombat for $200 million

With the purchase, NYSE Euronext hopes to further improve their connectivity, transaction and data-management solutions.
JAN 14, 2008
NYSE Euronext will acquire the market data software provider Wombat Financial Software Inc. headquartered in New York. With the purchase, NYSE Euronext hopes to further expand and improve their connectivity, transaction and data-management solutions by integrating Wombat’s technology and expertise, NYSE Euronext said in a statement. The transaction is expected to close early in the second quarter with NYSE Euronext paying Wombat in its entirety for $200 million in cash. Wombat, with offices in the United States, the U.K. and Japan was founded in 1997. It specializes in high-performance ticker plant and electronic-trading infrastructure solutions. NYSE Euronext will use Wombat’s high-speed market data and messaging platform and its direct and fast — low-latency is the technical term —connections to all the major markets to improve efficiency and to rollout new products. For additional information go to nyse.com and wombatfs.com.

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