The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), the world's largest exchange company, announced that the trading of Mitel Networks commenced April 22 on The NASDAQ Stock Market. Mitel Networks trades under the ticker symbol (Nasdaq:MITL). Mitel Networks is now at approximately $649 million in market cap.
"From burgeoning start-up businesses to multi-site enterprises, Mitel Networks has made significant headway in providing IP-communications across a variety of sectors and industries," said Bruce Aust, Executive Vice President, Corporate Client Group, NASDAQ OMX. "We are excited about Mitel Networks' decision to list on NASDAQ, which represents 81% of publicly traded technology companies in the U.S. markets, and we look forward to continuing our partnership with a true innovator in the communications and technology space."