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DIFC Bags SmartStream Technology For Hosted Data, Processing Offering

At 29 Nov 2007 16:15:40 in RDR-Outsourcing, Reference Data Review    Print Article  Email Article   Full content requires subscription 

The acquisition of UK mid and back office systems vendor SmartStream for £200 million by the Dubai International Financial Centre (DFIC) – owner of the Dubai Stock Exchange – made headlines for a number of reasons. Not the least of these was the fact that the acquisition came just a month after SmartStream was forced to postpone its initial public offering due to weak market conditions.



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