Yesterday it was announced that Orc Software now holds 96.6 percent of the votes and capital in Neonet and that the Offer will be completed. This is exciting news. It is a very important step for Neonet and we will now enter a new phase in the company’s development. The purpose of the merger is to create a leading global player in technology and services for traditional and advanced services in financial trading. Both Neonet and Orc Software are among the leading technology suppliers to financial markets players in their particular niches. The two companies complement each other well in terms of markets and products and the new Group will be able to provide its clients with a very interesting offering.
In order to read yesterday’s press release from Orc Software, please visit http://www.neonet.com/en/Investor-Relations/orc-merger/.