NWS - Mergers and acquisitions

Latest acquisition advances Dow Jones's energy business with industry-leading data Dow Jones today announced it has acquired Eco-Movement, a leading global platform for EV charging station data. Eco-Movement will operate as part of OPIS, Dow Jones's growing energy business. Headquartered in Utrecht, Netherlands, Eco-Movement is a leading charge point data platform. The company collects, optimizes and enriches EV charging station data, and has built an extensive data platform with public and semi-public EV charging points and their real-time availability. Its platform features almost 2 million connectors across more than 80 countries and adds to Dow Jones's suite of energy products and s

Dow Jones today announced it has completed the acquisition of Dragonfly Intelligence, a geopolitical and security intelligence provider, and Oxford Analytica, a provider of geopolitical intelligence advisory services. Dow Jones acquired the two companies from FiscalNote Holdings, Inc. (NYSE:NOTE) for $40 million. Dow Jones' parent company, News Corp, expects to receive a $4 million tax benefit in connection with the transaction. Dragonfly and Oxford Analytica will operate as part of Dow Jones Risk & Compliance, complementing its existing product suite with proprietary geopolitical risk and security intelligence. The strategic acquisition is the latest in a series aimed at building Dow Jone

Latest acquisition advances Dow Jones's energy business with industry-leading artificial intelligence (AI) capabilities NEW YORK, July 2, 2024 /PRNewswire/ -- Dow Jones announced that it has acquired A2i Systems, a world leader in AI-powered fuel pricing solutions. A2i adds to Dow Jones's growing suite of AI capabilities and will operate as a subsidiary of OPIS within Dow Jones's energy business, maintaining its focus on innovation and product development. A2i's best-in-class AI engine applies advanced predictive technologies and real-time pricing data to forecast consumer bu

NASHVILLE, Tenn., Oct. 3, 2022 /PRNewswire/ -- HarperCollins Focus today announced its acquisition of Cider Mill Press Book Publishers, an independent publisher of quality, high-design, gift books. Cider Mill Press specializes in cookbooks, elegant wine and spirits projects, humor books, and children's classics, supporting Focus' overall objective to expand its growing gift and children's product offering. Cider Mill Press and Applesauce Press, the company's children's brand, will become imprints within the HarperCollins Focus portfolio. As part of the acquisition's close, Cid

UpNest's platform allows people to compare agents and select the one that's best for their situation; acquisition advances Realtor.com®'s seller strategy SANTA CLARA, Calif., June 8, 2022 /PRNewswire/ -- Move, Inc., the operator of Realtor.com®, one of the most visited real estate sites in the U.S., announced today it has acquired San Mateo, Calif.-based UpNest. UpNest operates a marketplace that connects home sellers with highly qualified local agents who compete for their business. Move, Inc. is a subsidiary of News Corp. We're expanding choices for sellers, buyers, agents and brokers who trust Realtor.com to help bring them home.More than 5 million homes are sold each year, according to 2

Joins OPIS In Expanded Dow Jones Energy, Chemicals and Sustainability Vertical News Corp announced that it has completed the acquisition of the Base Chemicals business from S&P Global Market Intelligence. The business will operate under the name Chemical Market Analytics by OPIS, a Dow Jones company. News Corp acquired OPIS (the Oil Price Information Service) and related assets from S&P Global and IHS Markit in February. Base Chemicals has a strong track record of growth, with a revenue base that is nearly 100% digital and recurring, and, similar to OPIS, has high margins with modest Capex requirements. News Corp is acquiring Base Chemicals for $295 million in a cash transaction, subjec

Expands Dow Jones' Valuable News, Data and Analytics Offerings for the Energy, Commodities and Renewables Markets News Corp announced that it has completed the acquisition of the Oil Price Information Service (OPIS) and related assets, including the Coal, Mining and Metals business from S&P Global and IHS Markit. OPIS, a highly profitable and growing digital data, analytics and insights provider, will join Dow Jones' professional information business, expanding Dow Jones' presence in the energy, commodities and renewables markets. News Corp acquired OPIS for $1.150 billion in a cash transaction, subject to customary adjustments (and expects to receive an estimated tax benefit of $180 mil

NASHVILLE, Tenn., Jan. 11, 2022 /PRNewswire/ -- HarperCollins today announced that it has acquired rights to publish the authorized biography of legendary business figure Ratan N. Tata, who is counted among the most influential and inspirational leaders in the world. Ratan N. Tata: The Authorized Biography by Dr Thomas Mathew will be published globally by HarperCollins in all formats in November 2022. Udayan Mitra at HarperCollins India acquired world rights in all languages from Anish Chandy at Labyrinth Literary Agency. The book will be published by HarperCollins India in En

FISCAL 2021 THIRD QUARTER KEY FINANCIAL HIGHLIGHTS Revenues were $2.34 billion, a 3% increase compared to $2.27 billion in the prior year, driven by the continued strong momentum across our key growth pillars Net income of $96 million compared to a net loss of $(1) billion in the prior year, which included non-cash impairment charges of $1.1 billion Total Segment EBITDA was $298 million compared to $242 million in the prior year Reported EPS were $0.13 compared to $(1.24) in the prior year – Adjusted EPS were $0.09 compared to $0.03 in the prior year Move, operator of realtor.com®, reported 37% revenue growth, with traffic reaching a record 108 million unique users in March, and w