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Home > Feature Article > > Content
Morningstar, Inc. Completes Acquisition of Logical Information Machines, Inc.
Editorial & Research Team, Morningstar Asia Ltd. 2010-01-11

Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has completed its previously announced acquisition of Logical Information Machines, Inc. (LIM), a leading provider of data and analytics for the energy, financial, and agriculture sectors, for $51.5 million, subject to post-closing adjustments.

LIM provides market pricing data, securities reference data, historical event data, predictive analytics, and advanced data management solutions that help customers manage large sets of time-series data. The company collects, unifies, and conducts quality assurance on data from more than 180 providers in the energy, financial, and agriculture sectors and provides clients with one central source for data intelligence and analysis.



jessie.yung@morningstar.com