Interactive Data Buys DJ Web Data Business

The vendor will take over around 200 client portals previously provided by Dow Jones, and over an 18 to 24-month period-during which Dow Jones will provide extended support and hosting services-will migrate them to Web services provided directly by Interactive Data, which already streamed much of the financial data content to Dow Jones' portals.

Luan Cox, general manager for the Americas at Interactive Data, says that after transitioning clients "in a considerate and gentle manner," the vendor ho