Interactive Data Corporation
| Type | Private |
|---|---|
| Industry | Financial services |
| Founded | 1968 |
| Headquarters | Bedford, Massachusetts, USA |
| Key people | Mason Slaine, chairman, president and CEO |
| Revenue |  $796.6 million (2010)[1] |
| Owner(s) | Warburg Pincus and Silver Lake Partners |
| Employees | Approximately 2,400 worldwide[2] |
| Website | www.interactivedata.com |
Interactive Data Corporation provides financial market data (financial data vendor), analytics and related solutions to financial institutions, active traders and individual investors. The company’s businesses supply real-time market data, time-sensitive pricing, evaluations and reference data for securities trading, including hard-to-value instruments.
The company announced on the 29th of July 2010 the completion of its acquisition by two private equity funds, Warburg Pincus and Silver Lake Partners, for $33.86 per share or $3.4 billion in an all-cash transaction.[3] Previously, the UK's Pearson PLC owned 61% of the company.[4]
Contents |
[edit] History
Founded in 1968, Interactive Data is a supplier of financial market data and related offerings. Acquisitions have contributed to Interactive Data’s growth, enabling the company to deliver an increasing range of services, while expanding into adjacent markets and extending its reach geographically.
[edit] Confusion about term IDC
Interactive Data Corporation used to be traded on NYSE under the ticker symbol IDC.[2] At the same time, trademark IDC belongs to an unrelated entity, International Data Corporation. [5]
[edit] Products
Interactive Data provides evaluation services, reference data, pricing services, derivatives services, Fair Value Information Services, low latency market data, trading infrastructure services, fixed income analytics, Web-based solutions, desktop solutions, and the eSignal suite of products and fix income products.
[edit] References
- ^ Interactive Data Reports Fourth-Quarter and Full-Year 2010 Results, Reuters, March 3, 2011
- ^ a b Interactive Data To Report Fourth-Quarter And Full-Year 2010 Results On March 3, The Street, March 1, 2011
- ^ http://ir.interactivedata.com/phoenix.zhtml?c=95364&p=irol-newsArticle&ID=1454057&highlight=/
- ^ Pearson confirms could sell $1.5 bln stake in IDC Reuters, 15 January 2010
- ^ IDC trademark page
