Nasdaq buying N.L. online security company Verafin in $2.75B US deal - News Summed Up

Nasdaq buying N.L. online security company Verafin in $2.75B US deal


"We are committed to supporting innovation and growth in St. John's and Newfoundland and Labrador. Brendan Brothers is one of the co-founders of Verafin, a St. John's-based company that was sold to Nasdaq, it was announced Thursday. Verafin's headquarters will remain in St. John's, Nasdaq said, and the company's executive leadership team will remain in place. Verafin will remain headquartered in St. John's, and Nasdaq will invest in Memorial University's innovation hub The Genesis Centre, the company said Thursday. Brothers said Verafin currently employs about 600 people, mostly in St. John's but some in Toronto and other offices in North America.


Source: CBC News November 19, 2020 12:58 UTC



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