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Synopsis
FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, completed the acquisition of Cobalt Software, a portfolio monitoring solutions provider. Financial terms were not disclosed. "FactSet and Cobalt share an unparalleled commitment to public service and we are delighted to be joining forces. There is a large and growing opportunity to offer integrated workflow, data and analytics to the PE/VC industry. By combining our capabilities, we will be optimally positioned to capitalize on the increasing demand for these solutions and deliver even more value to clients," Jason Weinstein, Cobalt CEO.
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