NEW YORK, Jan. 25, 2012 /PRNewswire/ -- Medidata
Solutions, Inc. (NASD:MDSO) will replace RightNow Technologies,
Inc. (NASD:RNOW) in the S&P SmallCap 600 index after the close
of trading on Friday, January 27.
S&P 100 & 500 constituent Oracle Corp. (NASD:ORCL) is
acquiring RightNow Technologies in a deal that is expected to be
completed today.
Medidata Solutions, Inc. provides software-as-a-service based
clinical development solutions for life science organizations.
Headquartered in New York, NY, the
company will be added to the S&P SmallCap 600 GICS (Global
Industry Classification Standard) Health Care Technology
Sub-Industry index.
Following is a summary of the change:
|
S&P
SMALLCAP 600 INDEX – January 27, 2012
|
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Medidata
Solutions
|
Health
Care
|
Health
Care Technology
|
|
DELETED
|
RightNow
Technologies
|
Information Technology
|
Internet
Software & Services
|
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