Reuters Group - Acquisitions and Investments

Acquisitions and Investments

• Action Images – In September 2005, Reuters purchased North London-based Action Images, a collection of sports photography of more than 8 million images, of which 1.7 million are online.
• Application Networks – In June 2006, Reuters acquired Application Networks, Inc., a provider of trade and risk management software based on JRisk, and agreed to acquire Feri Fund Market Information Ltd (FERI FMI) and its fund database subsidiary, FI Datenservice GmbH (FID).
• AVT Technologies – In December 2002, Reuters announced that it would acquire AVT Technologies, a specialist in foreign exchange transaction technology. Concurrent with the deal, Reuters established an Automated Dealing Technologies business unit, headed up by Mark Redwood, CEO of AVT Technologies.
• Bridge Information Systems – On 28 September 2001, it completed the largest acquisition in its history with a partial acquisition of Bridge Information Systems Inc. Also during the year, the Group acquired 100% of Diagram fip SA and 92% of ProTrader Group LP. In October 2001, the Group disposed of its majority stake in VentureOne Corp.
• ClearForest – In June 2007, Reuters acquired ClearForest, a provider of Text Analytics solutions, whose tagging platform and analytical products allow clients to derive business information from textual content.
• EcoWin – In November 2005, Reuters acquired EcoWin, a Gothenburg (Sweden) based provider of global fianancial, equities, and economic data.
• Factiva – In May 1999, Reuters entered a joint venture with rival Dow Jones & Company to form Factiva, a business news and information provider. In December 2006, Reuters sold its 50% share in Factiva to Dow Jones, who is now sole owner.
• Instinet – After taking a minority stake in Instinet in 1985, Reuters acquired the entire company in 1987. In May 2001, Reuters sold a minority stake in the firm via an IPO on NASDAQ, and in December 2005 sold the remainder of its share to NASDAQ and Silver Lake Partners.
• Multex.com Inc. – In March 2003, Reuters acquired Multex.com, Inc., a provider of global financial information.
• TIBCO Software – In July 1999, TIBCO Software completed an IPO on NASDAQ; Reuters retains a substantial proportion of the shares. Reuters announced, in early 2000, initiatives designed to migrate core business to an internet-based model.