Technology-enabled communication services company West Corporation (“West”) this morning announced its entry into a definitive agreement with Nasdaq, Inc. (NASDAQ: NDAQ) by which West has agreed to acquire the public relations and webcasting and webhosting products and services within Nasdaq’s Corporate Solutions business. Per the update, the acquisition is valued at approximately $335 million, subject to necessary adjustments. “West is a leader in technology-enabled communication services and is focused on growth and expanding the depth and breadth of its enterprise communications client relationships,” John Shlonsky, CEO of West, stated in the news release. “This acquisition will complement and broaden our portfolio of products and services. We see tremendous opportunity to grow and enhance this business. We are also excited to partner with Nasdaq and add the talented Public Relations Solutions and Digital Media Services teams to West.” The closing of this transaction is expected to occur in the second quarter of 2018, subject to regulatory approvals and customary closing conditions.
To view the full press release, visit http://nnw.fm/zHRk5
About West Corporation
West Corporation is a global leader in technology-enabled communication services that connect people and businesses around the world, helping its clients more effectively communicate, collaborate and connect with their audiences through a diverse portfolio of innovative solutions. For over 30 years, West has provided reliable, high-quality voice and data services. West has sales and/or operations in the United States, Canada, Europe, the Middle East, Asia Pacific, Latin America and South America. For more information, please call 1-800-841-9000 or visit www.West.com
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. NASDAQ is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: www.Business.Nasdaq.com
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