IHS Markit Ltd (NYSE: INFO) and Issuer Direct Corp (NYSE: ISDR) to collaborate through a strategic alliance for a premier suite of Webhosting, Webcasting, and News Distribution products. Deal terms were not disclosed.
"This collaboration is a natural next step in support of our Investor Relations clients," said Kelly McGeehan, Head of Issuer Solutions at IHS Markit.
The partnership will give IHS Markit the ability to provide customers with access to a comprehensive communications platform of news distribution, web hosting, design, and webcasting.
"Today's announced a partnership with Issuer Direct will enable our clients to communicate results to the market more efficiently," McGeehan added.
Price Action: INFO shares are trading higher by 0.25% at $130.57, while ISDR is higher by 4.76% at $28.81 on the last check Thursday.
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