OMX to Buy Computershare's Tech Unit
EXCHANGE TECHNOLOGIES
STOCKHOLM—Late last week, OMX, a Stockholm-based financial exchange operator and technology provider, signed a letter of intent with Melbourne-based Computershare to acquire the Computer share Markets Technology (CMT) business, OMX officials say.
If all goes as planned, the SEK 250-million ($30.5 million) deal requires OMX to hire CMT's 65 employees in January 2006 and to consolidate the technologies of both companies. The deal is expected to be completed by the end of the year, with SEK 90
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