Nasdaq sells its digital PR unit to West Corporation for $335 million

Nasdaq sells its digital PR unit to West Corporation for $335 million

Nasdaq said it has sold its Public Relations Solutions and Digital Media Services businesses to West Corporation for approximately $335 million.

Through a multi-year partnership with West, Nasdaq will continue to provide eligible Nasdaq-listed clients with seamless access to public relations, webcasting and webhosting products and services as part of the terms of the transaction.

Nasdaq is dedicated to providing corporate clients with successful interaction with the capital markets, accompanied by strategic C-Suite and board solutions that provide investor relations intelligence and governance insights and collaboration.

The completion of the transaction will enable Nasdaq to focus our efforts on strengthening technology, data and analytics capabilities within our core investor relations and governance, risk and compliance solutions, which are an important component of Nasdaq’s relationships with its corporate clients.