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Factset Acquires Idaciti, Inc.

PUBLIC · FDSJul 12, 2023

Acquiring Company

FactSet

Acquired Company

idaciti, Inc.

NorwalkDenverSoftwareData And AnalyticsInformation Technology

Description

FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, announced the acquisition of idaciti, Inc. (“idaciti”), an innovator in data structuring and collection technology. This acquisition expands on FactSet’s multi-year investment program to digitally transform its content collection infrastructure. It also accelerates time-to-market for delivering critical data sets upon which next-generation workflows are built. The transaction closed on July 11, 2023 and is not expected to have a material impact on FactSet’s fiscal 2023 results.

Quick answer

FactSet is acquiring idaciti, Inc., announced July 12, 2023. FactSet is based in Norwalk, Connecticut, United States.

Who acquired idaciti, Inc?
FactSet agreed to acquire idaciti, Inc. on July 12, 2023.
How much did FactSet pay for idaciti, Inc?
The deal value was not disclosed.
What does FactSet do?
FactSet (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 162,000 users see and seize opportunity sooner.
Where are FactSet and idaciti, Inc. based?
FactSet is based in Norwalk, Connecticut, United States. idaciti, Inc. is based in Denver, Colorado, United States.
Who are the decision-makers at FactSet?
Fundz holds 2 contacts at FactSet. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

FactSet

Location

Norwalk, Connecticut, United States

About

FactSet (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 162,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions, with the distinction of having been recently added to the S&P 500, and repeatedly scored 100 by the Human Rights Campaign® Corporate Equality Index for our LGBTQ+ inclusive policies and practices. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more at www.factset.com and follow us on Twitter: www.twitter.com/factset. 1 FactSet expects to receive a step up in tax basis resulting in an annual deduction over the next 15 years with an estimated tax benefit of approximately $200 million on a present value basis. 2 CUSIP (Committee on Uniform Security Identification Procedures) is a 9-character alphanumeric identifier assigned for issuers and their financial instruments offered in the U.S. and Canada. For outside of North America, CINS (CUSIP International Number System) is a 9-character alphanumeric identifier that uses the same 9-character format as CUSIP identifiers and is the local identifier of more than 30 other international markets. CUSIP was launched in 1968 by the ABA and CGS has been managing the CUSIP system on behalf of the ABA since its inception. FactSetInvestor Relations Contact:Kendra Brown+1.203.810.2684kbrown@factset.com Media Contact:Lisa Knoll+1.203.810.1327lknoll@factset.com Liz Cohen and Kerry KellyKekst CNC+1.212.521.4845 / +1 212.521.4840FactSetMediaInquiries@kekstcnc.com

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Frequently asked

Who acquired idaciti, Inc.?

idaciti, Inc. was acquired by FactSet, based in Norwalk. The deal was reported on July 12, 2023. FactSet (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 162,000 users see and seize opportunity sooner. FactSet is publicly traded (FDS) and operates in Software.

When did FactSet acquire idaciti, Inc.?

FactSet's acquisition of idaciti, Inc. was reported on July 12, 2023. FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, announced the acquisition of idaciti, Inc. (“idaciti”), an innovator in data structuring and collection technology. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does idaciti, Inc. do?

idaciti provides normalized financial & non-financial data about companies in a flexible & user-friendly platform. It is privately held, operating in Information Technology, and is based in Denver.

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