Bloomberg Acquires Govt Data Firm As Part of Continued Expansion


Bloomberg, which is on a mandate to move into various verticals beyond its core, has now acquired Fairfax, VA-based government data publishers Eagle Eye Publishers. Terms of the deal were not disclosed, but this is Bloomberg’s third acquisition in the last few months, after BusinessWeek (for its consumer push) and New Energy Finance, a UK-based green/energy publisher. This comes as reports about Bloomberg’s $100 million push into government news and data, through a purported portal/effort called Bgov, have been leaking out. Bloomberg also bid for CQ last year before it was bought by RollCall, but backed off after the asking price. EEP, founded in 1986, provides federal procurement data for subscription fee. Some more info here.

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