NASDAQ Welcomes Synacor Inc. to the NASDAQ Global Select Market
February 10 2012 - 10:11AM
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that the
trading of Synacor Inc, (Nasdaq:SYNC) commenced on the NASDAQ
Global Select Market on February 10, 2012.
Synacor is the integration, authentication and engagement
platform enabling the digital lifestyle across multiple devices and
reaching more than 21 million high-speed Internet subscribers
worldwide. Synacor's customer-branded platform enables cable,
satellite, telecom and consumer electronics companies to deliver TV
Everywhere, digital entertainment, services and apps to their
end-consumers, strengthening those relationships while monetizing
the engagement. Synacor has more than 45 customers, over 81 million
average monthly search queries, 2.8 billion average monthly
advertising impressions, and more than 75 content partnerships.
"Synacor offers a unique platform solution that allows customers
to develop or expand their engagement with end-consumers through
online video or other online content offerings in an increasingly
competitive environment," said Bob McCooey, Senior Vice President,
NASDAQ OMX Corporate Client Group. "With a number of the nation's
major high-speed Internet service providers as their customers,
Synacor is well-positioned in a large and growing market. We are
thrilled to partner with them as they continue their journey as a
NASDAQ-listed company."
Since its inception, NASDAQ OMX has consistently been the
exchange of choice for the world's most progressive and innovative
companies. Synacor joins some of the world's largest technology
companies by listing on The NASDAQ Stock Market, including Apple,
Microsoft, Oracle, Google, Intel, Cisco, eBay, Baidu, Adobe, Dell,
Yandex and Zynga. NASDAQ is currently home to 73% of all info tech
and telecom companies that list their shares on U.S. markets, and
was home to the two largest tech IPOs of 2011, Yandex (Nasdaq:YNDX)
and Zynga (Nasdaq:ZNGA).
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange
company. It delivers trading, exchange technology and public
company services across six continents, with more than 3,500 listed
companies. NASDAQ OMX offers multiple capital raising solutions to
companies around the globe, including its U.S. listings market,
NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and
the U.S. 144A sector. The company offers trading across multiple
asset classes including equities, derivatives, debt, commodities,
structured products and exchange-traded funds. NASDAQ OMX
technology supports the operations of over 70 exchanges, clearing
organizations and central securities depositories in more than 50
countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal
entities but describe the common offering from NASDAQ OMX exchanges
in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and
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http://www.nasdaqomx.com. *Please follow NASDAQ
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The information contained above is provided for informational
and educational purposes only, and nothing contained herein should
be construed as investment advice, either on behalf of a particular
security or an overall investment strategy. Neither The NASDAQ OMX
Group, Inc. nor any of its affiliates makes any recommendation to
buy or sell any security or any representation about the financial
condition of any company. Statements regarding NASDAQ-listed
companies are not guarantees of future performance. Actual results
may differ materially from those expressed or implied. Past
performance is not indicative of future results. Investors should
undertake their own due diligence and carefully evaluate companies
before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY
ADVISED.
NDAQG
CONTACT: Jennifer Knapp
+1 212 401 8916
Jennifer.Knapp@nasdaqomx.com
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