Thomson Reuters is ringing in the New Year with an acquisition under its belt. The business news and information conglomerate is acquiring Discovery Logic, a company that provides customizable analytics and scientific research software. Discovery Logic will become part of the the healthcare and science business of Thomson Reuters. Financial terms of the deal were not disclosed.
Thomson says that the acquisition of Discovery Logic will help boost its research analytics offerings and and will provide increased workflow and scientific software to academic, government, non-profit and commercial professionals. Discovery Logic developers a software, called ScienceWire that aids with developing decisions around scientific discoveries and data. The software also serves as a database management platform.
Thomson Reuters also recently acquired Breakingviews, a site that provided commentary on UK and European breaking financial news. Thomson was rumored to have paid close to $18 million in cash for the site.