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January 27, 2006
MarketXS hires its i-banker as CEO
BusinessWeek is profiling a few tech companies in a cover story about firms creating the most jobs in Europe in the shortest time. One of the companies is venture-backed MarketXS, a Dutch application service provider that enables a Web face for financial news and data feeds. The a:c euro notes that the firm's founder moved over to let his investment banker run the company.
In December, MarketXS announced that Jan De Roeck, a former ABN AMRO corporate finance advisor, was appointed CEO in December. He brokered acquisitions and capital raising for MarketXS, as well as advising on other deals in the niche of the financial services sector in which MarketXS operatres.
We think the company, could be planning further acquisitions, or aiming to become a target itself. By putting De Roeck at the helm, it would be ensuring an “alignment of interest” for its chief negotiator.
Online newspapers and banks use MarketXS to webify financial data feeds
Read - MarketXS profile (BusinessWeek)
Posted on January 27, 2006 09:41 AM | Posted to Online services | Permalink
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