NYSE Euronext has acquired Tokyo-based Metabit. As part of the deal, the provider of high-performance market access products will be operating as a product line within the NYSE Technologies portfolio, further upgrading service to the Asia-Pacific region.
Post-deal, Daniel Bürgin, formerly CEO of Metabit, will head the NYSE Tech Asia business, reporting to Stanley Young, CEO of NYSE Tech. Peter Tierney, managing director of NYSE Tech, will now be COO of the combined business in Asia. Financial terms of the deal have not been disclosed.
Click here for the release from Business Wire.