Bloomberg to Buy Brainpower for $40M


Bloomberg last week confirmed its intention to buy Brainpower, a Swiss vendor of data management and analytics tools for the buy side, in a deal valued at around $40 million.

The US data giant, which—unlike its rivals—is known for growing organically rather than through acquisitions, says it will use Brainpower's technology to improve its Bloomberg Pro fessional terminals.

However, the purchase is not part of a play for Bloomberg to expand outside of the real-time data business. Instead, it will

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here