US Vendors See Growth by Acquisition
INSIDE MARKET DATA ANNUAL REVIEW 2003
In the US market, the past year was most notable for acquisitions and consolidation.
Interactive Data Corp. (IDC) perhaps made the biggest splash as it used acquisitions to build a real-time data business. In January, it announced its purchase of ComStock from Standard & Poor’s (S&P) in a deal worth $115 million (IMD, Jan. 20). The main attractions for IDC were ComStock’s large institutional user base and its ticker plant for real-time data, both of which will help IDC to penetrate the
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