Company Website:
http://www.theice.com
NEW YORK -- (Business Wire)
Intercontinental Exchange (NYSE: ICE), the leading global network of
exchanges and clearing houses, announced todaythat it has
completed its previously announced transaction with SR Labs for the sale
of the Wombat Financial Software, a unit of NYSE Technologies. The
transaction closed today and terms were not disclosed.
“I’d like to thank the SR Labs and Intercontinental Exchange teams for
working so quickly and diligently to finalize this transaction within
just six weeks of contract signing,” said Ben Jackson, President and
Chief Operating Officer, ICE Futures U.S. and President, NYSE
Technologies. “We congratulate everyone involved and we will continue to
provide support services to SR Labs for a period of time to help ensure
an orderly transition of the business.”
Wombat is a global leader in high performance financial market data
management solutions. As part of the Wombat product suite, SR Labs is
also acquiring SuperFeed, which offers direct connectivity to a range of
key global trading venues, reducing complexity and client overhead by
allowing customers to consolidate fragmented technologies and
complicated connectivity options. The Wombat platform also includes
Wombat Direct Market Data Feed Handlers, providing normalization for
more than 200 direct exchange and aggregated vendor feeds; DART
Entitlements, providing market data usage and compliance analysis, and
reporting services; and Wombat Middleware, enabling high-speed,
multi-protocol messaging throughout the enterprise.
Evercore acted as financial advisor and Shearman & Sterling LLP acted as
legal advisor to Intercontinental Exchange on this transaction.
About Intercontinental Exchange
Intercontinental Exchange (NYSE: ICE) is the leading network of
regulated exchanges and clearing houses for financial and commodity
markets. ICE delivers transparent, reliable and accessible data,
technology and risk management services to markets around the world
through its portfolio of exchanges, including the New York Stock
Exchange, ICE Futures, and Liffe.
Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE, New York Stock Exchange, and
LIFFE. Information regarding additional trademarks and intellectual
property rights of Intercontinental Exchange, Inc. and/or its affiliates
is located at https://www.theice.com/terms.jhtml and
http://www.nyx.com/terms-use.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995 - Statements in this press release regarding ICE's business that
are not historical facts are "forward-looking statements" that involve
risks and uncertainties. For a discussion of additional risks and
uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see ICE's Securities and
Exchange Commission (SEC) filings, including, but not limited to, the
risk factors in ICE's Annual Report on Form 10-K for the year ended
December 31, 2013, as filed with the SEC on February 14, 2014.
SOURCE: Intercontinental Exchange
ICE-CORP
Contacts:
Intercontinental Exchange
Media Contact:
Eric Ryan
+1
212 656 2411
eric.ryan@nyse.com
or
Investor
Contact:
Kelly Loeffler, SVP Investor Relations & Corp.
Communications
+1 770 857 4726
kelly.loeffler@theice.com
Source: Intercontinental Exchange
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