Datto Makes Public Debut on the New York Stock Exchange
Intercontinental Exchange (NYSE: ICE) announced the successful IPO of Datto Holding Corp., now trading on the NYSE under the ticker symbol 'MSP'. Datto specializes in cloud-based technology solutions for managed service providers. CEO Tim Weller emphasized that this IPO marks a significant milestone for Datto and its partners, aiming to capitalize on a growing global market. The NYSE's Vice Chairman highlighted the excitement surrounding Datto's entry into the exchange, reinforcing its position among leading tech firms.
- Datto has successfully IPO'd on the NYSE under the ticker 'MSP'.
- The company is noted for its cloud-based software solutions tailored for managed service providers (MSPs).
- Datto aims to leverage its IPO to enhance its market reach and support for over one million businesses globally.
- None.
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (NYSE), a wholly-owned subsidiary of Intercontinental Exchange (NYSE: ICE), welcomed Datto Holding Corp. to the NYSE after it opened for trading today under the ticker symbol “MSP,” following its initial public offering. Datto is a leading global provider of cloud-based software and technology solutions purpose-built for delivery by managed service providers (MSPs).
CEO Tim Weller and Founder Austin McChord, accompanied by members of the company’s leadership team, celebrated Datto’s public debut by ringing the NYSE Opening Bell®.
“The NYSE is delighted to welcome Datto to our growing community of the world’s most innovative technology companies,” said John Tuttle, NYSE Group Vice Chairman and Chief Commercial Officer. “We congratulate the Datto team on its IPO, and we are proud to mark this exciting new chapter for the company and its shareholders.”
"This is a monumental day for Datto and the entire managed service provider market," said Tim Weller, CEO of Datto. "The team is excited to take the company to the next level after years of hard work building our business with the help of our partners. Our focus on mission-critical technology for MSPs positions us well to help them take part in this growing, global opportunity.”
Photos from Datto’s public debut on the NYSE can be found on the NYSE's Facebook page.
The NYSE is home to many of the world's iconic brands, technology innovators and emerging growth companies shaping the global economic landscape. For more information on listing on the New York Stock Exchange, visit https://www.nyse.com/why-nyse.
About Datto Holding Corp.
As the world’s leading provider of cloud-based software and technology solutions purpose-built for delivery by managed service providers (MSPs), Datto believes there is no limit to what small and medium businesses can achieve with the right technology. Datto offers Unified Continuity, Networking, and Business Management solutions and has created a unique ecosystem of MSP partners. These partners provide Datto solutions to over one million businesses across the globe. Since its founding in 2007, Datto has won awards for its rapid growth, product excellence, superior technical support, and for fostering an outstanding workplace. With headquarters in Norwalk, Connecticut, Datto has global offices in the United Kingdom, Netherlands, Denmark, Germany, Canada, Australia, China, and Singapore. (Source: Datto Holding Corp.)
About NYSE Group
NYSE Group is a subsidiary of Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses, and a provider of data and listings services. NYSE Group’s equity exchanges -- the New York Stock Exchange, NYSE American, NYSE Arca, NYSE Chicago and NYSE National -- trade more U.S. equity volume than any other exchange group. The NYSE is the premier global venue for capital raising. NYSE Arca Options and NYSE Amex Options are leading equity options exchanges. To learn more, visit www.nyse.com/index.
About Intercontinental Exchange
Intercontinental Exchange (NYSE: ICE) is a Fortune 500 company formed in the year 2000 to modernize markets. ICE serves customers by operating the exchanges, clearing houses and information services they rely upon to invest, trade and manage risk across global financial and commodity markets. A leader in market data, ICE Data Services serves the information and connectivity needs across virtually all asset classes. As the parent company of the New York Stock Exchange, the company is the premier venue for raising capital in the world, driving economic growth and transforming markets.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2019, as filed with the SEC on February 6, 2020.
SOURCE: Intercontinental Exchange
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