Iress Enters Into Binding Agreement to Sell QuantHouse Business to BAHA
4 Articles
4 Articles
Iress Enters Into Binding Agreement to Sell QuantHouse Business to BAHA
Iress today announces it has entered into a binding share sale and purchase agreement to divest its European headquartered low-latency market data business, QuantHouse, to BAHA Tech Holding AG (BAHA). BAHA is a privately-owned, Vienna-based market data provider founded in 1995. It provides real-time market data, financial news, technology and solutions for the financial services industry covering over 12 million financial instruments on more tha…
QuantHouse latest business line slashed at Iress - Global Trading
Iress is selling QuantHouse to market data provider BAHA Tech Holding in a €12.5 million cash transaction. The deal is expected to close by the end of 2025. The decision to sell the low-latency market data business, established in 2005, follows an ongoing strategic review at Iress. Earlier this year, Iress sold its superannuation business to global financial services provider Apex Group. In both cases, the company has stated that it does not bel…
Iress to sell QuantHouse business to BAHA
Iress has entered into a binding share sale and purchase agreement to sell its European headquartered low-latency market data business, QuantHouse, to BAHA Tech Holding AG (BAHA), a privately-owned, Vienna-based market data provider founded in 1995, for €17.5m. It provides real-time market data, financial news, technology and solutions for the financial services industry covering over 12 million financial instruments on more than 150 exchanges. …
Iress Sells QuantHouse to BAHA in Strategic Refocus
Iress has agreed to sell its European market data business QuantHouse to Vienna-based BAHA Tech Holding AG for €17.5 million, marking the latest move in the company’s strategy to streamline operations around its core Wealth and Trading & Market Data offerings. Founded in 2005, QuantHouse built its reputation as a pioneer in low-latency market data...
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