Reuters Buys Equis International, Targets Investors

VENDOR STRATEGIES

Beefing up its offerings to the individual investor marketplace, Reuters has purchased Salt Lake City, Utah- based Equis International Inc., a vendor of technical analysis software aimed at individual investors. Reuters plans to integrate the Equis product line -- including the vendor's Downloader and Metastock software products -- with the products of Reuters' Reality Online Inc. subsidiary.

Reuters is keeping Equis' management hierarchy as is. Steven Achelis, chief executive officer of Equi