Barchart Buys Stockgroup Hosting Biz to Grow Equities Presence

Eero Pikat, president, Barchart

Chicago-based data provider Barchart has acquired the web hosting assets and client base of Canadian data supplier Stockgroup for an undisclosed sum, to bolster its own business division that provides data and content to client web portals run by trading firms.

Under the deal, around 50 former Stockgroup clients from the financial and media sectors -- including Raymond James, MSN Canada and the Canadian Press -- will migrate to data services provided by Barchart, either as widgets that can be

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