OMX has acquired Findata AB

OMX has acquired Findata AB from Bisnode. Findata is a leading supplier of information on Nordic companies and offers customized indexes.

Findata has the most full-coverage data base for financial data in the Nordics, including corporate action, accounting, company descriptions, financial history, customized indexes, corporate events and calendar information. The customized indexes are mainly used by members on the Nordic Exchange.

“OMX’s offering of information services is a growing and profitable part of OMX that increases the visibility and the transparency of the companies on the Nordic Exchange. Thereby, OMX’s information services also simplify trading and contribute to increased liquidity. By acquiring Findata, we will be able to further develop our information services to the benefit of the Nordic Exchange and its customers,” says Hans-Ole Jochumsen, President Business Area Information Services & New Markets within OMX.

Findata has 7 employees, located in Stockholm and its revenues amounted to SEK 17 million with significant profitability for the full year 2006. OMX pays SEK 43.5 million as a down payment and commits to an additional earn out payment of maximum SEK 35 million.