London/New York: April 25, 2024 // Information Publishing Limited (IPL), an investment holding company known for its strategic investments in the capital markets and data software sector, is pleased to announce the acquisition of an 80% stake in Symbol Master Inc (SMI), a pioneer in consistent options symbology for the financial community.
Symbol Master Inc. has stood as the beacon of precision in Standardized Options Symbology for more than 50 years. By offering unparalleled symbology validation software and services, SMI has been instrumental in aiding organizations in managing security master and reference data with unmatched accuracy and reliability.
This strategic acquisition marks a significant milestone in IPL’s mission to enhance its product offerings and expand its market presence.
Reflecting on the acquisition, IPL’s CEO, Jonathan Bloch, remarked, “The acquisition of Symbol Master Inc. into the IPL family is a strategic milestone that reaffirms our dedication to innovation and leadership in the financial industry. We are eager to harness SMI’s unique capabilities and expertise to drive unparalleled value for our clients.”
CEO of SMI, George Tull, also expressed enthusiasm, stating: “This partnership with IPL represents a transformative phase for SMI, allowing us to escalate our growth and enhance our offerings. We are thrilled to contribute to this shared vision of revolutionizing the financial data industry.”
This acquisition follows IPL’s history of strategic growth, having previously acquired Exchange Data International Limited in 1995. Additionally, in 2021, IPL expanded its portfolio by acquiring Financial Information Incorporated and Securities Quote Xchange LLC, further broadening its range of services in the financial data sector.
To learn more, visit https://www.symbolmaster.com/
For more information please contact:
Information Publishing Limited | Jonathan Bloch | j.bloch@exchange-data.com | +44 (0) 7785 550043
Symbol Master Inc. | George Tull | gtull@sfbms.com | +1 (347) 693 8611
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About Information Publishing Limited (IPL):
Information Publishing Limited (IPL) is an investment holding company specializing in capital markets data and software.
Our clients value our less restrictive redistribution rights and our openness to explore innovative ways of charging for data. Over the past three years, IPL has acquired a number of companies based in the USA to broaden the range of services it provides to the financial community. IPL has added historical stock data as well as the facility to price “hard to price” instruments such as non-publicly traded REITS. IPL is always on the prowl for additional data sets and companies that can enhance our range of products and we welcome inquiries.
About Symbol Master Inc. (SMI):
Symbol Master Inc. has been the cornerstone of precision in Standardized Options Symbology for over 50 years, playing a vital role in the global financial community. SMI’s commitment to data integrity and market consistency has established it as a key partner in the financial services industry, offering symbology validation software noted for its accuracy and reliability, catering to the unique needs of Multi-Asset Quantitative Trading Houses and Analytic Trading Firms.
