Thomson Places NewsEdge on Auction Block
Thomson Corp., which bought NewsEdge Corp. in Burlington [Massachusetts] or $43 million in 2001, has quietly put the division on the auction block.
A company spokesman said Thomson decided to focus on its traditional strength of providing specialized legal and financial information to customers rather than NewsEdge’s broader mission of providing more general corporate news to business customers.
“Thomson is just sharpening our focus on delivering specialized content to strategic markets,” said Thomson spokesman John Shaughnessy.
See Also: Learn More About NewsEdge
Source: Boston Business Journal
This entry was posted
on Monday, March 12th, 2007 and is filed under Information Industry, Search News.
You can follow any responses to this entry through the RSS 2.0 feed.
Responses are currently closed, but you can trackback from your own site.