( ) -q-28- UNDATED (Correspondent Jeremy House) “and compliance software.” Nasdaq is buying software company Adenza from software investment company Thoma Bravo in a cash-and-stock deal valued at $10.5 billion. [CutID: <Cuts> NASDAQ-ADENZA-house-q-MONam.mp3 Time: 28s Title: NASDAQ-ADENZA-house-q-MONam Out-cue: and compliance software] TAG: Correspondent Jeremy House reporting. ——————————— VERBATIM: The transaction includes $5.75 billion in cash […]
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Nasdaq to buy financial software company Adenza for $10.5 billion
( ) -q-28- UNDATED (Correspondent Jeremy House) “and compliance software.”
Nasdaq is buying software company Adenza from software investment company Thoma Bravo in a cash-and-stock deal valued at $10.5 billion.
[CutID: <Cuts> NASDAQ-ADENZA-house-q-MONam.mp3
Time: 28s
Title: NASDAQ-ADENZA-house-q-MONam
Out-cue: and compliance software]
TAG: Correspondent Jeremy House reporting.
———————————
VERBATIM: The transaction includes $5.75 billion in cash and 85.6 million shares of Nasdaq common stock. Adenza was created through the combination of Calypso and AxiomSL. Calypso serves capital markets participants with end-to-end treasury, risk, and collateral management workflows. AxiomSL supports financial institutions with leading regulatory and compliance software.