Deutsche Börse Buys NTKN

Full terms of the deal were not disclosed, though the exchange paid less than $10 million for the company.

Following the acquisition, NTKN will become a wholly owned subsidiary of Market News International, which Deutsche Börse acquired at the end of 2008 from Xinhua Finance (IMD, Jan. 5). In a statement, exchange officials say the deal reflects increased demand from clients for news that can be integrated with their trading algorithms, and that the vendors will combine their respective experienc

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