The Nasdaq OMX Group has agreed to acquire Stockholm-based Zoomvision Mamato (ZVM), a company that provides live webcasting services, primarily for investor relations professionals.
Nasdaq OMX said upon the completion of the transaction ZVM will become part of its global corporate solutions division, which provides a range of tools and services that help public and private companies minimize risk, maximize efficiency, and increase transparency.
ZVM currently has 180 clients and provides webcasting services in Northern Europe.
Marcus Wallden, CEO of Zoomvision Mamato, will be based in Stockholm, Sweden and will report to Demetrios Skalkotos as part of Nasdaq OMX’s Global Corporate Solutions business.
Nasdaq OMX senior vice president Demetrios Skalkotos said this acquisition is part of Nasdaq’s global strategy to offer clients a full range of products and services that enable them to efficiently and effectively communicate with their stakeholders.
"Nasdaq OMX has been working with Zoomvision Mamato over the past few years as an exclusive webcast partner," Skalkotos said.