Categories: OLD Media Moves

Bloomberg acquires government data business

Nick Wakeman of Washington Technology reports that Bloomberg LP has acquired Eagle Eye Publishers, a company that provides data and analysis on contracting and grants actions by government agencies.

Wakeman reports, “Users are charged a subscription fee. Paul Murphy founded the company in 1986. Eagle also provided the data for the  2009 Washington Technology Top 100 rankings of the largest government contractors.

“Murphy could not be reached for comment.

“Mark Amtower first reported the rumor earlier today on his Amtower B2G blog. Bloomberg officials confirmed the acquisition when contacted by Washington Technology, but would comment on the value of the deal or expand on Bloomberg’s strategy in the government space.

“However, rumors have swirled in recent months about Bloomberg wanting to create a Bloomberg Government business to be named Bgov. The enterprise will compete with the likes of Congressional Quarterly, but with a focus on how government actions impact publicly traded companies.”

Read more here. Talking Biz News reported last month about BGov here.

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