NASDAQ Welcomes Endurance International Group to Stock Market -
EIGI Debuts on The NASDAQ Stock Market
NEW YORK, Oct. 25, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that trading of Endurance International Group Holdings, Inc. (Nasdaq:EIGI), a foremost provider of cloud-based solutions, commenced on The NASDAQ Stock Market on October 25, 2013.
A leading provider of cloud-based solutions, Endurance helps small and medium-sized business owners establish, manage and grow their businesses by harnessing the power and promise of the web. Less than 20 years old, Endurance serves approximately 3.4 million subscribers through a family of brands that includes Bluehost, HostGator, Domain.com, FatCow, iPower and iPage. Endurance is headquartered in Burlington, Massachusetts, has a presence in Asia and the Americas, and currently employs approximately 2,500 people.
"Endurance is a pioneer in cloud-based solutions dedicated to driving the success of small business owners through the web," said Nelson Griggs, Senior Vice President, NASDAQ OMX. "Endurance exemplifies the type of innovative and forward-thinking companies that thrive on our exchange. We are thrilled to welcome them to The NASDAQ Stock Market and look forward to watching their continued growth and success in the future."
Since its foundation, NASDAQ OMX has continuously been the exchange of choice for the some of the world's largest and most revolutionary companies. By listing with NASDAQ OMX, Endurance joins leading software companies including Microsoft Corp. and Adobe Systems Inc.
About NASDAQ OMX Group:
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)