The Nasdaq Stock Market Inc. announced it has completed its acquisition of PrimeZone Media Network, a privately held, Los Angeles-based firm specializing in press release newswire and multimedia services.
The exchange says that this transaction enables it to offer PrimeZone’s information distribution and multimedia services as part of its Investor Relations and Corporate Communications suite. “PrimeZone’s services will be integral to the suite of services offered by Nasdaq’s Corporate Client Group,” it says.
This latest acquisition follows Nasdaq ‘s first quarter acquisition of Shareholder.com, an investor relations service provider; the January 2005 acquisition of the Nasdaq Insurance Agency, a full-service corporate insurance broker specializing in directors and officers liability insurance; the creation of the Independent Research Network, a joint venture with Reuters to provide public companies with research coverage; and the September 2005 purchase of Carpenter Moore, management liability insurance specialists.
Nasdaq acquires newswire and multimedia firm
PrimeZone’s services will be integral to Nasdaq’s Corporate Client Group suite of services
- By: James Langton
- September 1, 2006 September 1, 2006
- 08:57