Deutsche Börse, NYSE Point to Technology Synergies
In announcing their intention to merge, Deutsche Börse and NYSE Euronext pointed to operational cost savings as a key justification for the deal, projecting $400 million annual savings from synergies in IT, clearing, market operations, corporate administration and support functions.
NYSE Euronext’s technology services business will be "supercharged" by the combination, says Duncan Niederauer, CEO of NYSE Euronext, who will become group CEO of the new yet-unnamed entity. "Our growing technology
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