The Dolan Co., which owns business newspapers across the country, announced Wednesday that it acquired DataStream Content Solutions LLC, a which provides federal legislative and regulatory data.
The terms were not disclosed. Its subsidiary Potomac Publishing was included in the transaction.
The Minneapolis-based company has made a big push into government data in the past four months. In November, it announced that it has created a legislative reporting and data service in conjunction with Telran Inc. In August, it acquired Federal News Service, the provider of verbatim transcripts of important events in the nation’s capital.
“DataStream’s successful subscription-based model is a good example of how we plan to grow this part of The Dolan Co. in the future,” CEO James Dolan said in a statement.
DataStream’s processes and technology transform highly complex and unstructured data into valuable products and services for its business and government clients. It specializes in applying XML markup language to convert complex and unstructured data into “smarter” forms, allowing flexible queries and dynamic database updates.
Dolan owns the Long Island Business News, Mississippi Business Journal, the Colorado Springs Business Journal, the Idaho Business Review and the Daily Journal of Commerce in Portland, Ore., among others.
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