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Synopsis
Bloomberg, a privately held financial, software, data, and media company, completed the acquisition of Broadway Technology, a high-performance financial trading solutions and consulting services company. Financial terms were not disclosed. "We are excited to welcome the entire Broadway team to Bloomberg. This acquisition enables us to deliver innovative multi-asset solutions that have a meaningful impact on an increasingly electronified, sophisticated, and interconnected fixed income market. We remain committed to investing in our business, and capitalizing on opportunities that enable us to provide clients with solutions that deliver cross-asset interoperability and enhance the value of Bloomberg's products and services to our community," Ben Macdonald, Bloomberg Global Head of Enterprise Products.
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