Financial Software - Wednesday, August 22, 2007
Reuters Closes The Deal With Starmine
Reuters (Nasdaq:RTRSY) has bought San Francisco-based StarMine, which seeks to rank securities analysts. The amount of the buyout is unknown but StarMine is surely a bummer for its investors. Founded in 1998, reports are that StarMine had revenues of just $16.3M - which is respectable but not much after all this time. Startmine had raised funding from Hummer Winblad, Instinet and American Century Ventures.
Read - Reuters post
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