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Technology Stocks : Data Broadcasting Corp. (DBCC)

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To: esecurities(tm) who wrote (1415)9/8/1998 4:20:00 PM
From: esecurities(tm)  Read Replies (1) of 5102
 
[historical]* market rally passes by dbcc...acquires ADPs Global Treasury Information Services

"...America's leading provider of market data to traders and individual investors, has purchased the assets of ADP Global Treasury Information Services (GTIS), a division of Automatic Data Processing Inc.'s Brokerage Services Group.

GTIS specializes in providing real-time domestic and international fixed-income, foreign-exchange, money-market and precious-metal information to institutional, corporate and consumer clients worldwide.

With headquarters in New York and additional offices in London, Paris, Tokyo and Hong Kong, GTIS' services are displayed on more than 63,000 terminals worldwide.

''The acquisition of GTIS and its commitment to expanding international content directly supports DBC's content-expansion strategy, especially for the Internet,'' said Mark Imperiale, president and chief operating officer of DBC. ''GTIS' products will enable DBC to further penetrate the institutional marketplace, while complementing our existing offerings to the private investor..."


source: biz.yahoo.com

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DJIA: +380.53
NASDAQ: +94.32
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