Bloomberg LP Moves Into EDM Market, Acquires PolarLake
The acquisition, a rarity for Bloomberg, aims to establish a strong enterprise data management business for the global market data solutions provider.
May 28, 2012
In a rare move for a company that usually prefers to grow organically, Bloomberg LP today acquired enterprise data management (EDM) provider PolarLake to help companies acquire, manage and distribute data across their organizations Bloomberg, which has only done a handful of acquisitions since it was founded in 1982, has traditionally grown by developing products internally and continually... Read full story on Wall Street & Technology
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