Nasdaq this month entered into a definitive agreement to acquire Boardvantage, a board portal solution provider that also specializes in leadership collaboration and meeting productivity, for $200 million. The acquisition of Boardvantage, along with the recently closed purchase of Marketwired, is expected to strengthen Nasdaq's position as a global corporate services provider.
The integration between Nasdaq’s Directors Desk and Boardvantage’s collaboration platform will support board communication, efficient workflow, and decision making for clients with highly secure, best-in-class technology, service and productivity tools.
Nasdaq Corporate Solutions empowers Investor Relations, Public Relations, Communications and Board Management professionals with insight, information and tools from a single global provider to increase their efficiency and drive business success.
Further, Boardvantage clients will gain access to Nasdaq’s thought leadership program which includes governance best practice expertise from the company’s senior management and other corporate governance leaders. These clients will continue to be supported by Nasdaq’s commitment to information security, as each platform provides multiple security features for governance and workflow management all in one central location.
Nasdaq will acquire Boardvantage for $200 million. Subject to customary conditions, the deal is expected to close in the first half of 2016.