"Oracle's decision to transfer to the New York Stock Exchange validates the strength of the NYSE brand and our global leadership across all sectors - including technology," said Duncan L. Niederauer, CEO, NYSE Euronext. "We are looking forward to working with Oracle to leverage the full benefits of the NYSE community for their company, their customers and their shareholders."
At $156.4 billion in global market capitalization, Oracle will be the largest market transfer upon listing on the NYSE on Monday, July 15th. It will become the 48th company to transfer to the NYSE for a combined $318 billion in global market capitalization since 2010, and the fourth NASDAQ-100 company to transfer to the NYSE during the past year.
"Oracle's choice of the NYSE underscores our momentum and leadership in global listings, and recognizes the value of our brand, innovative market model, and technology platform," said Scott Cutler, EVP and Head of Global Listings, NYSE Euronext. "This transfer is an affirmation of our technology transformation, focus on innovation, and global leadership."
Leader in U.S. Listing Transfers
Year-to-date 2013, excluding Oracle, two companies have transferred to the NYSE representing over $11 billion or 75% of combined market capitalization of all U.S. exchange transfers.
With Oracle's listing on the NYSE, 216 companies with a total combined market capitalization of $704.7 billion will have transferred to the NYSE since 2000.