CNET’s Private Wire Sold to Financial Content

CNET Networks’ Private Wire business, a financial information solution for sites and print publications, has been sold to FinancialContent, a financial data and tool provider. Consideration was paid in a combination of cash and stock, and upon completion of the migration, CNET Networks is expected to have an equity stake of up to 20 percent in FinancialContent.

The transaction will add as many as 100 customer deployments to FinancialContent

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