# MSCI Inc. (MSCI) — merger/definitive [pending]
Source: SEC API (secapi.ai) · situation sit_08558e2574d02c684277 · retrieved 2026-08-11T16:12:43.629Z

## Overview
MSCI Inc. is a leading provider of critical decision support tools and services for the global investment community, offering research-based data, analytics and indexes supported by advanced technology.

MSCI Inc. entered into a definitive agreement on June 24, 2026 to acquire First Street Technology, Inc., a provider of physics-based physical climate risk data and analytics. The transaction consists of a cash payment of $120.0 million at closing, subject to customary closing adjustments, plus potential additional cash payments over two years contingent upon achievement of specified revenue thresholds. The transaction is expected to close in the third quarter of 2026, subject to regulatory approvals and other customary closing conditions. Upon closing, First Street's financial results will be reported within the Sustainability and Climate operating segment.

## Terms
- Counterparty: First Street Technology, Inc. · Deal value: $120.0M · Consideration: cash

## Key dates
- Announced 2026-07-21 · Expected close 2026-09-30

## Timeline
- 2026-07-21 · 8-K (0001408198-26-000044): 8-K - MSCI Inc. — *MSCI Inc. is a leading provider of critical decision support tools and services for the global investment community, offering research-based data, analytics and indexes supported by advanced technology.* MSCI Inc. entered into a definitive agreement on June 24, 2026 to acquire First Street Technology, Inc., a provider of physics-based physical climate risk data and analytics. The transaction consists of a cash payment of $120.0 million at closing, subject to customary closing adjustments, plus potential additional cash payments over two years contingent upon achievement of specified revenue thresholds. The transaction is expected to close in the third quarter of 2026, subject to regulatory approvals and other customary closing conditions. Upon closing, First Street's financial results will be reported within the Sustainability and Climate operating segment.
  https://www.sec.gov/Archives/edgar/data/1408198/0001408198-26-000044.txt

## Citations
- 0001408198-26-000044 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000140819826000044