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Acquiring Company
Intercontinental Exchange
Acquired Company
MarketAxess Holdings
Description
Intercontinental Exchange has announced a definitive agreement to acquire MarketAxess Holdings. This acquisition aims to create a more complete fixed income marketplace. The combination of these two companies will enhance their offerings in the global capital markets. This move is expected to drive innovation and efficiency in electronic trading.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed