Argus and Platts completed the acquisition of a minority stake in VAKT.

Argus, a media company, and Platts, a provider of energy and commodities information, completed the acquisition of a minority stake in VAKT, an IT service management company. Financial terms were not disclosed. “We are excited to become an investor in VAKT and look forward to working with its management team and with our mutual customers. By interfacing with Argus’ systems and data, VAKT customers will benefit from enhanced information and intelligence flows, which could transform the way energy and commodities markets work.” Adrian Binks, Argus Media CEO.