General World News

ICE completes $11.9B acquisition of Black Knight 

Intercontinental Exchange (ICE) completed its acquisition of Black Knight in a $11.9 billion deal that dragged on more than a year due to antitrust concerns. It’s now easily the biggest player in the mortgage tech space.

“Since our founding over 20 years ago, ICE has steadfastly adhered to our founding principle, demonstrated throughout our history, that applying technological innovation and digitization to traditionally analog businesses can make markets more efficient and transparent for all participants,” Jeffrey Sprecher, ICE’s founder, chair and CEO, said in a statement. 

“Our team is well-positioned and ready to apply details ⇒

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