MSCI Completes Acquisition of Foxberry

Rhea-AI Summary

MSCI Inc. has successfully finalized the acquisition of Foxberry, a London-based front-office index technology provider, aiming to enhance index innovation and client-centric solutions globally.

Insights

Financial Analyst

The acquisition of Foxberry by MSCI should be seen as a strategic move to strengthen their position in front-office index technology. With the integration of Foxberry's offerings, MSCI may see potential growth in their customized portfolio solutions sector. Investors should look at MSCI's history of acquisitions and their impact on revenue growth and market expansion. The focus should be on the potential for cost synergies, the expansion of MSCI's service offerings and any guidance provided on expected revenue contributions from Foxberry in future financial disclosures.

Market Research Analyst

Front-office index technology is vital for investment firms to manage portfolios efficiently. The acquisition of Foxberry by MSCI could provide a competitive edge in a market where investors are demanding more customized and innovative solutions. A deeper market penetration and broadened client base could result from this acquisition. Monitoring the market's reaction over the next few quarters will give a clearer picture of how well MSCI integrates Foxberry's technology and whether it translates to a stronger market position.

NEW YORK--(BUSINESS WIRE)-- MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, today announced that it has completed its acquisition of Foxberry, a London-based provider of front-office index technology for investors.

"This acquisition marks the opening of new pathways to index innovation and more client centric solutions,” said Jana Haines, Head of Index, MSCI. “We look forward to the next phase of our journey, focused on our commitment to developing and enhancing our customized portfolio solutions for investors globally.”

The acquisition was originally announced on February 7, 2024.

About MSCI Inc.

MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data, and technology, we power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. We create industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process. To learn more, please visit www.msci.com. MSCI#IR

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and involve risks that may cause actual results or performance differ materially and you should not place undue reliance on them. Risks that could affect results or performance are in MSCI’s Annual Report on Form 10-K for the most recent fiscal year ended on December 31 that is filed with the SEC. MSCI does not undertake to update any forward-looking statements. No information herein constitutes investment advice or should be relied on as such. MSCI grants no right or license to use its products or services without an appropriate license. MSCI MAKES NO EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR OTHERWISE WITH RESPECT TO THE INFORMATION HEREIN AND DISCLAIMS ALL LIABILITY TO THE MAXIMUM EXTENT PERMITTED BY LAW.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240417688280/en/

Investor Inquiries

jeremy.ulan@msci.com

Jeremy Ulan +1 646 778 4184

jisoo.suh@msci.com

Jisoo Suh +1 917 825 7111

Media Inquiries

PR@msci.com

Melanie Blanco +1 212 981 1049

Konstantinos Makrygiannis +44 (0) 7768 930056

Tina Tan +852 2844 9320

MSCI Global Client Services

EMEA Client Service + 44 20 7618.2222

Americas Client Service +1 888 588 4567 (toll free)

Asia Pacific Client Service + 852 2844 9333

Source: MSCI Inc.

FAQ

What did MSCI announce regarding Foxberry?

MSCI Inc. announced the completion of its acquisition of Foxberry, a London-based provider of front-office index technology for investors.

Who is the Head of Index at MSCI?

Jana Haines is the Head of Index at MSCI.

When was the acquisition of Foxberry initially announced?

The acquisition of Foxberry was originally announced on February 7, 2024.