Nasdaq will go head-to-head in Europe against the Neuer Markt and TechMark in a bid to establish itself as the biggest European market for technology IPOs, after it acquired a majority stake in Easdaq Tuesday.

The plans to create a pan-European technology platform represent Nasdaq's first formal step into the European market after at least two failed attempts. It also marks the end of the Easdaq experiment to create a stand-alone and borderless pan-European market for technology stocks.