History
Founded in September 1998, Linedata resulted from the merger of three firms: GSI Division des Banques, Line Data and BDB Participation. A December-1997 leveraged management buyout, backed by AXA Private Equity, gave employees at GSI Division des Banques majority control over their company. The subsequent acquisition of Line Data and BDB Participation led to the creation of a new company: Linedata Services. Far from being a start-up, the new corporate entity benefited at the outset from the existing human resources and technological skills of its three components.
Linedata Services has been listed on the Paris Stock Exchange (ticker symbol LIN.PA) since May 2000, and achieved 2008 revenues of EUR 160.7m.
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