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Tuesday, September 22, 2015

FactSet acquires NYC trading platform

FactSet Research Systems has reached the 900-employee threshold in Norwalk-more people than General Electric has at its Fairfield headquarters-as the financial information company makes the biggest acquisition in its history in the form of Portware, a New York City-based company with technology to execute stock trades. FactSet has increased its worldwide workforce to 7,400 people, up 11 percent from a year earlier, with much of the increase the result of hiring college graduates trained in software engineering, with a FactSet executive describing it as a "healthy mix" of new hires both in the United States and at FactSet offices overseas.

via http://www.newstimes.com/business/article/FactSet-acquires-NYC-trading-platform-6521113.php

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