London Stock Exchange acquires Exactpro Systems
The London Stock Exchange has acquired quality assurance specialist Exactpro Systems, taking 100% ownership of the company.
Exactpro Systems specialises in quality assurance for exchanges, investment banks, brokers and other financial sector organisations worldwide. Founded in 2009, Exactpro operates in the UK and US, with significant functions in Russia. It currently employs almost 300 people.
London Stock Exchange Group is a diversified international market infrastructure and capital markets business with operations around the globe. As part of an international and ambitious organisation, Exactpro will continue to focus on developing and growing its business, with the benefit of being part of a larger organisation.
LSEG is one of Exactpro’s key customers and we have had an excellent working relationship with them since February 2010. As a fully owned subsidiary, Exactpro will operate as an entity within LSEG’s Technology Services division, which also incorporates MillenniumIT and GATElab.
The acquisition will enable Exactpro to achieve more in the area of developing the next generation of tools that help make our clients’ software even better. At this exciting time for our business, we look forward to expanding our customer base and continuing to provide unparalleled service to all clients.