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Intercontinental Exchange completed the acquisition of Black Knight for $16bn.

Synopsis

Intercontinental Exchange, a global provider of data, technology, and market infrastructure, completed the acquisition of Black Knight, a software, data and analytics company that serves the housing finance continuum, including real estate data, mortgage lending and servicing, for $16bn. “Since our founding over twenty years ago, ICE has steadfastly adhered to our founding principle, demonstrated throughout our history, that applying technological innovation and digitization to traditionally analog businesses can make markets more efficient and transparent for all participants. Our team is well-positioned and ready to apply our proven playbook across the US mortgage ecosystem to help improve the homeownership experience for millions of American families," Jeffrey C. Sprecher, ICE Founder, Chair and CEO.

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