Business Services Industry

OMX AB to outsource external network operations and data center management

Nordic Business Report, August 15, 2007

NORDIC BUSINESS REPORT-15 August 2007-OMX AB to outsource external network operations and data center management(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com

The Nordic stock exchange operator OMX AB announced on Wednesday (15 August) plans to outsource its external network operations and data center management.

After evaluating offers from a number of possible suppliers OMX has decided to enter into negotiations with Verizon. The company said that a dedicated supplier for network operations and data center management will strengthen OMX's ability to grow internationally with a full service offering.

No binding commitments have been made by either party and OMX's outsourcing plans are subject to negotiation of a final agreement, the company added.

OMX operates the Nordic Exchange, which offers access to approximately 80% of the Nordic and Baltic securities markets.

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

COPYRIGHT 2007 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
 

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