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Nasdaq: Inside the $10.5bn Acquisition of Thoma Bravo’s Adenza

NASDAQ has completed its largest-ever acquisition, purchasing software provider Adenza to expand its financial-services business.

A New Era: NASDAQ's Acquisition of Adenza Marks its Transformation into a Financial-Technology Powerhouse. PHOTO: Getty Images
A New Era: NASDAQ’s Acquisition of Adenza Marks its Transformation into a Financial-Technology Powerhouse. PHOTO: Getty Images

The acquisition, which was announced in June and cost $10.5 billion, marks NASDAQ’s transformation into a full-fledged financial-technology provider.

As part of the deal, Adenza’s management and sales team will be integrated into a

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