IPC Buys Mxnet; Blow To Reuters Project Yankee


NEW YORK--As expected, IPC Information Systems last week bought Mxnet for $6.7 million (see related story, this issue). The deal leaves Reuters scrambling to build its own data and analytics consolidation facility to support its Project Yankee initiative, a role it had been banking on Mxnet to perform.

Meanwhile, Reuters confirmed that John Bunyan, vice president of strategic equities marketing for Reuters America (RAM), is leaving the company in May, when his contract expires. Bunyan, who jo

To continue reading...

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 indvidual account here: