FactSet (FDS) Acquires idaciti, Inc.

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FactSet Acquires idaciti, Inc.

July 12, 2023 8:00 AM EDT

NORWALK, Conn., July 12, 2023 (GLOBE NEWSWIRE) -- 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 FactSets 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 FactSets fiscal 2023 results.

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