(Vienna/Hamburg) Wiener Börse AG has acquired an 80% majority stake in North Data GmbH, expanding its data and information business beyond the exchange. The Hamburg-based company has established itself as a leading search engine for European company data, aggregating and consolidating information on 100 million private companies in 26 European countries from more than 160 public sources, including registers and EU databases. With this acquisition, Wiener Börse strengthens its position as a modern infrastructure and data provider and further diversifies its services along its core business areas.
“Functioning markets need transparent and reliable information. Together with North Data, we are extending this principle beyond the market data and strengthening access to company data across Europe. With this investment, Wiener Börse is broadening its strategic positioning and diversifying its revenue streams along its core business areas,” says Christoph Boschan, CEO of Wiener Börse AG.
“North Data is a leading platform for company research in Europe. Corporates, SMEs, agencies, public authorities, journalists and private individuals rely on North Data when they need dependable company information. In Wiener Börse, we have found a long-term partner with whom we can further develop and strengthen our platform,” says Frank Felix Debatin, founder and CEO of North Data GmbH.
Detailed information on companies, such as financial key figures as well as interconnections and ownership structures, is available on the North Data website. With North Data Premium Services, users receive even more in-depth information as well as powerful search capabilities, dossiers and watch lists. Their Data Services enable direct data access via API and exports. The support of investigative journalism and the existing data offerings will be continued and further developed in all markets in the spirit of broad access to company information.
About the Vienna Stock Exchange
As the central infrastructure provider in the region, Wiener Börse AG opens doors to global markets. It unites the stock exchanges in Vienna and Prague. Listed companies benefit from maximum liquidity there, and as the market leader it offers investors fast and inexpensive trading. Wiener Börse collects and distributes price data and calculates the most important indices for a dozen markets in the region. Thanks to its unique know-how, the national exchanges in Budapest, Ljubljana and Zagreb also rely on the IT services of the Vienna Stock Exchange. In addition, it is involved in other energy exchanges and clearing houses in the region.
Disclaimer
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