LONDON, January 8 /PRNewswire/ --
- Agreement allows traders, financial executives to benefit from timely news and issues critical to business activities
Acquire Media, a premier digital content provider serving the financial services and corporate communities, today announced plans to distribute news from Dow Jones Newswires to financial executives in Europe, enabling them to benefit from critical economic and financial news rapidly and efficiently.
Under the agreement, Acquire Media will include Dow Jones Financial Wire as part of its standard content set for trading solutions in Europe. The news will be delivered from Acquire Media's new data center in the United Kingdom, which opened last month.
Toby Cook, vice president of Europe, Middle East and Africa markets for Acquire Media, lauded the agreement. The combination of Dow Jones content and Acquire Media's state-of-the-art technology delivered from our UK data center means that European financial executives may now select the best combination of news, technology and network speed when sourcing news for traders and investment analysts, said Cook.
Richard Hanks, chief operating officer for Dow Jones Enterprise Media Group, noted that the agreement provides significant benefits to traders and analysts.
Financial professionals rely on Dow Jones to keep them abreast of economic, financial and political news, said Hanks. Our agreement with Acquire Media provides yet another way for traders and analysts to access indispensable news from Dow Jones from within the tools they are most comfortable using.
Acquire Media, which purchased NewsEdge in July 2007 from The Thomson Corp., has boosted revenues significantly during the past year. Since the acquisition, Acquire Media has invested heavily in re-engineering the NewsEdge product line to augment Acquire Media's position in real-time scrolling news and re-establish a dominant standing in the corporate/web site news market, both under the NewsEdge brand.
About Acquire Media
Acquire Media, formed in 2001, is a premier software company that delivers multimedia news with guaranteed reliability in formats that make content instantly useable and searchable. Acquire Media, with four offices worldwide, serves the news, digital publishing and financial services communities, which depend on the speed of its delivery service, reliability, 24x7 support, and its ability to handle multiple outputs and delivery options. Visit www.acquiremedia.com for more information.
ABOUT DOW JONES
Dow Jones Company (www.dowjones.com) is a News Corporation company (Nasdaq: NWS, NWS.A; ASX: NWS, NWSLV; www.newscorp.com). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S.
Andy Baron of PAN Communications for Acquire Media, +1-978-474-1900, acquiremedia@pancomm.com
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