Bridge Acquires Telesphere; Reveals Integration Plans

VENDOR STRATEGIES

As expected, Bridge Information Systems has bought Telesphere Corp. Terms of the deal, which will be completed in the next few weeks, were not disclosed.

In buying Telesphere, Bridge is adding a broadcast feed capability to its product line to complement its existing interactive feed service. It will also supplement its largely fixed-income-oriented intraday and end-of-day pricing services with Telesphere's equities-oriented services.

The acquisition was announced June 3, two weeks after Insid

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