Huge news today in the local tech industry.
Nasdaq is acquiring Newfoundland-based Verafin for US$2.75-billion in cash.
The agreement will combine Verafin’s anti-financial crime management products with Nasdaq’s reach to create a global SaaS (Software as a Service) leader in the fight against financial crime.
Nasdaq says it is committed to growing Verafin’s business and creating opportunities for its employees. The purchase will help Verafin expand its position as an economic and technology leader from its base in St. John’s.
Verafin’s headquarters will stay in St. John’s and its executive leadership team will remain in place.
https://news.google.com/__i/rss/rd/articles/CBMiPWh0dHBzOi8vdm9jbS5jb20vMjAyMC8xMS8xOS9uYXNkYXEtYnV5cy1uZS1iYXNlZC12ZXJhZmluLWZvci_SAQA?oc=5
2020-11-19 12:50:00Z
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