Datto Makes Public Debut on the New York Stock Exchange
October 21 2020 - 1:00PM
Business Wire
The New York Stock Exchange (NYSE), a wholly-owned subsidiary of
Intercontinental Exchange (NYSE: ICE), welcomed Datto Holding Corp.
to the NYSE after it opened for trading today under the ticker
symbol “MSP,” following its initial public offering. Datto is a
leading global provider of cloud-based software and technology
solutions purpose-built for delivery by managed service providers
(MSPs).
CEO Tim Weller and Founder Austin McChord, accompanied by
members of the company’s leadership team, celebrated Datto’s public
debut by ringing the NYSE Opening Bell®.
“The NYSE is delighted to welcome Datto to our growing community
of the world’s most innovative technology companies,” said John
Tuttle, NYSE Group Vice Chairman and Chief Commercial Officer. “We
congratulate the Datto team on its IPO, and we are proud to mark
this exciting new chapter for the company and its
shareholders.”
"This is a monumental day for Datto and the entire managed
service provider market," said Tim Weller, CEO of Datto. "The team
is excited to take the company to the next level after years of
hard work building our business with the help of our partners. Our
focus on mission-critical technology for MSPs positions us well to
help them take part in this growing, global opportunity.”
Photos from Datto’s public debut on the NYSE can be found on the
NYSE's Facebook page.
The NYSE is home to many of the world's iconic brands,
technology innovators and emerging growth companies shaping the
global economic landscape. For more information on listing on the
New York Stock Exchange, visit https://www.nyse.com/why-nyse.
About Datto Holding Corp.
As the world’s leading provider of cloud-based software and
technology solutions purpose-built for delivery by managed service
providers (MSPs), Datto believes there is no limit to what small
and medium businesses can achieve with the right technology. Datto
offers Unified Continuity, Networking, and Business Management
solutions and has created a unique ecosystem of MSP partners. These
partners provide Datto solutions to over one million businesses
across the globe. Since its founding in 2007, Datto has won awards
for its rapid growth, product excellence, superior technical
support, and for fostering an outstanding workplace. With
headquarters in Norwalk, Connecticut, Datto has global offices in
the United Kingdom, Netherlands, Denmark, Germany, Canada,
Australia, China, and Singapore. (Source: Datto Holding Corp.)
About NYSE Group
NYSE Group is a subsidiary of Intercontinental Exchange (NYSE:
ICE), a leading operator of global exchanges and clearing houses,
and a provider of data and listings services. NYSE Group’s equity
exchanges -- the New York Stock Exchange, NYSE American, NYSE Arca,
NYSE Chicago and NYSE National -- trade more U.S. equity volume
than any other exchange group. The NYSE is the premier global venue
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www.nyse.com/index.
About Intercontinental Exchange
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formed in the year 2000 to modernize markets. ICE serves customers
by operating the exchanges, clearing houses and information
services they rely upon to invest, trade and manage risk across
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ICE Data Services serves the information and connectivity needs
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New York Stock Exchange, the company is the premier venue for
raising capital in the world, driving economic growth and
transforming markets.
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Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995 -- Statements in this press release regarding
ICE's business that are not historical facts are "forward-looking
statements" that involve risks and uncertainties. For a discussion
of additional risks and uncertainties, which could cause actual
results to differ from those contained in the forward-looking
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filings, including, but not limited to, the risk factors in ICE's
Annual Report on Form 10-K for the year ended December 31, 2019, as
filed with the SEC on February 6, 2020.
SOURCE: Intercontinental Exchange
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Judy Shaw +1 212 656 4290 judy.shaw@nyse.com
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