Factiva Company Description
This company is helping people get their facts straight. Factiva, formerly Dow Jones Reuters Business Interactive, is a leading provider of news articles and business information. Its Web-based service aggregates information from more than 14,000 sources, including the Financial Times, New York Times, Wall Street Journal, and Yomiuri Shimbun, as well as 400 newswire services. It also offers business intelligence tools and provides corporate and industry information. Factiva earns revenue from paying subscribers. The company was formed in 1999. Previously a joint venture between news giants Dow Jones & Company and Reuters, in late 2006 Dow Jones bought out Reuters' stake in Factiva for about $160 million.
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The Company Description provides a historical perspective of Factiva's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Factiva's evolution in the marketplace.
