FactSet (FDS) Acquires Cobalt Software, Inc.
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FactSet Acquires Cobalt Software, Inc.
October 13, 2021 8:00 AM UTCNORWALK, Conn., Oct. 13, 2021 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS) (NASDAQ: FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced that it has acquired Cobalt Software, Inc. (Cobalt), a leading portfolio monitoring solutions provider for the private capital industry. This acquisition advances FactSets strategy to scale its data and workflow solutions through targeted investments as part of its multi-year investment plan and expands its private markets offering. The transaction closed on October 12, 2021 and is not expected to have a material impact on FactSets fiscal 2022... More
