Magazine article Information Today

Internet Securities, Inc. Acquires Bulgarian News Service

Magazine article Information Today

Internet Securities, Inc. Acquires Bulgarian News Service

Article excerpt

Internet Securities, Inc., a provider of Internet-delivered emerging markets news and business information, has announced the acquisition of Kadiev News Service (KNS), a full-service Bulgarian news provider. Terms of the transaction were not disclosed.

"This marks the first acquisition for Internet Securities and represents a significant strategic step forward for the organization and value of service provided," said Gary Mueller, president and CEO of Internet Securities. "We are placing greater emphasis on providing our clients proprietary and value-added content."

As the exclusive provider to Internet Securities, KNS brings value-added content and more comprehensive coverage within the Bulgarian and Romanian regions. As of March 2, KNS data has been re-branded with the new name Intellinews and made available to all subscribers of the ISI Emerging Markets service.

"Internet Securities plans to fund the expansion of KNS content throughout other similar markets in Eastern Europe," said James Hammond, Internet Securities' senior vice president of marketing. 'The information will be layered into various platforms in the service, including our Email Alert tools."

The acquisition of KNS allows Internet Securities to offer clients exclusive access to locally generated and proprietary newsletters, qualitative daily updates, and market-moving events in the English, Romanian, and Bulgarian languages.

"The depth of our understanding of local markets combined with the technical skills and distribution channels of Internet Securities will be very much to the benefit of clients operating in Central and Eastern Europe," said Georgi Kadiev, president of Kadiev News Service.

ISI Emerging Markets provides in-depth information about emerging market economies, including financial, economic, and political news and information, and transmits that data through an Internet distribution model. …

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