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Morningstar Biz News Site Buying Tenfore For Stock Quotes Feeds

Dec 17, 2008 12:11 PM

US investment research and news publisher Morningstar is buying buying another UK company - real-time market data provider Tenfore Systems - for £13.5 million in cash. Tenfore, which employs 50 in London, Frankfurt, Amsterdam, and New York, pushes data on equities, commodities, derivatives and currency markets to over 500 clients’…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, morningstar, tenfore

Morningstar Biz News Site Buying Investors Database For £11 Million

Robert Andrews

Oct 3, 2008 8:40 AM

Investment research firm Morningstar is buying Fundamental Data Limited, a UK provider of online information about so-called “closed-end funds”, a type of of investment scheme, for £11 million ($19 million). Fundamental’s products include the web-based dashboard FundWeb and info feeds, offered to investment banks, brokers etc. Morningstar, whose CEO Joe…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, fundamental data limited, morningstar