The first of the "Big Five" consulting firms to go public, the KPMG Consulting initial public offering is the second largest IPO ever on Nasdaq®.
"We are very pleased that KPMG Consulting has chosen to list on Nasdaq," said Hardwick Simmons, chief executive officer of The Nasdaq Stock Market, who presented Blazer a Nasdaq Crystal Tower at today’s formal listing ceremony. "We are proud that a leading management consultant to many of the companies already listed on Nasdaq has joined our family of growth-oriented stocks that are instrumental in shaping the direction of today’s global economy."
KPMG Consulting, Inc. (NASDAQ: KCIN), is one of the world's largest consulting companies with more than $2 billion in annual revenues. Its more than 9,100 professionals provide business and technology strategy, systems design and architecture, applications implementation, network and systems integration, and related services that enable clients to leverage technology for stronger return on investment, and real, sustainable competitive advantage. They serve more than 2,500 clients-including global companies, FORTUNE 1000 companies, small and medium-sized businesses, government agencies and other organizations-through six industry-focused lines of business. These include: financial services, consumer and industrial markets, high tech, communications and content, public services, and health care.
For more information about KPMG Consulting, visit itstheir Web site at www.kpmgconsulting.com.
The Nasdaq Stock Market lists nearly 4,700 companies, trades more shares per day and has more non-U.S. listings than any other American market, and has a larger average daily dollar volume than any market in the world. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.com or the Nasdaq NewsroomSM at www.nasdaqnews.com.
