NEW YORK, Jan. 3, 2012 /PRNewswire/ -- Computershare Limited (ASX: CPU), a leading financial services provider for the global securities industry, announced today it has finalized the acquisition of the Shareowner Services business of The Bank of New York Mellon Corporation. This landmark acquisition brings together two industry leaders, adding approximately 1,060 issuer clients to Computershare's customer base.
This acquisition supports Computershare's commitment to its core business by adding the deep operational experience, strong industry expertise and highly skilled workforce of the Shareowner Services organization. It also brings added momentum to Computershare's position as the thought-leader and pioneer in shareholder communications.
"This is strategically the most significant acquisition Computershare has made, and we have made many," said Stuart Crosby, CEO and President of Computershare Limited. "It goes directly toward our goal of remaining the global leader in shareholder servicing."
"With our standing as the premier provider of shareholder services in the U.S., with the most experienced employees, we intend to continue our campaign to improve the quality and transparency of communications between corporations and their shareholders," added Steven Rothbloom, CEO and President of Computershare's US region.
The combined organization will cover more markets with greater breadth and depth, and bring clients even greater advantages and opportunities. Adding to this, Computershare reinvests about 10 percent of global revenues annually into service-improving technologies.
The primary focus of Computershare's growth and solution development has centered on issuers, their shareholders, and their employee plan participants — striving always to remove barriers to efficient servicing of these important stakeholder groups. Whether a small regional company or a large global corporation with multiple stock exchange listings, clients benefit from direct access to Computershare's wide choice of interconnected services that can fit any organization's needs.
Computershare (ASX: CPU) is a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. We also specialize in corporate trust services, tax voucher solutions, bankruptcy administration and a range of other diversified financial and governance services.
Founded in 1978, Computershare is renowned for its expertise in data management, high volume transaction processing, payments and stakeholder engagement. Many of the world's leading organizations use these core competencies to help maximize the value of relationships with their investors, employees, creditors, members and customers.
Computershare is represented in all major financial markets and has over 10,000 employees worldwide.
For more information, visit www.computershare.com.
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SOURCE Computershare Limited