[ Thanks to Amy Bennet for this link. ]
“The New York Stock Exchange (NYSE Euronext) and Deutsche Borse yesterday confirmed they will merge, with the aim of become the world’s largest trading venue and dramatically advancing their technological offerings.
“The two parties, both big implementers of Linux-based technology, confirmed savings targets of 300 million (£255 million) from IT and other operations, as technology is merged, as well as highlighting increased scale for selling data services to clients. A name for the new group, in which Deutsche Borse shareholders will own 60% of the equity, has not yet been given.
“In a further sign that technology is at the forefront of changes, the merger will see NYSE Euronext head of technology Dominique Cerutti appointed as president of the combined group, as well as running its systems. Cerutti was formerly European head at IBM Global Services.”
Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.