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NASDAQ in open source tech battle with �7bn NYSE bid

Apr 05, 2011, 07:11 (0 Talkback[s])
(Other stories by Leo King)

[ Thanks to E5Rebel for this link. ]

"The Deutsche Borse merger also appeared to offer a Linux-based technology mix, as both firms run Red Hat Linux, but NASDAQ has directly attacked Deutsche Borse's ability to integrate technology.

"NASDAQ said in a statement that following Deutsche Borse's $2.8 billion purchase of the International Securities Exchange from NASDAQ in 2007, the German exchange 'failed to integrate technology platforms years after the transaction...ISE is still powered by NASDAQ OMX Technology'."

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