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New Deal


Announced

Completed

QUODD completed the acquisition of Xignite.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Domestic

Single Bidder

United States

FinTech

financial market data

fintech

Completed

Majority

Acquisition

Friendly

Synopsis

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QUODD, a comprehensive market data-on-demand provider, completed the acquisition of Xignite, a provider of financial market data APIs. Financial terms were not disclosed. “This acquisition reinforces our commitment to become the premier cloud-based global financial market data and content provider. Xignite is well known for being an early adopter of delivering high-quality market data solutions via the cloud as well as for its extensive API-driven data catalog. I look forward to working with Stephane Dubois, CEO of Xignite, and his team to help us fuel our next chapter of growth delivering the most accessible and reliable data for our customers," Bob Ward, QUODD CEO.

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