AOL Readies Financial Play with Relegence


Internet services provider AOL is planning to exploit its purchase of content aggregator and search technology provider Relegence Corp. to create a combined offering that will expand its presence in the financial markets. AOL bought Relegence last week for an undisclosed sum.

"AOL sees tremendous [potential] in the financial markets that we serve," Steve Fadem, president and chief executive of Relegence tells Inside Market Data. "Part of the attraction to AOL was… the opportunity to leverage

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