Dow Jones Acquires Generate

Apr 18, 2008


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Dow Jones & Company announced that it has acquired Generate Inc., a company that enables business intelligence. Generate combines company and executive intelligence with relationship-mapping technology and trigger events to help executives spot opportunities as they unfold and connect to future business partners. As part of the acquisition, Dow Jones will form a new business unit called Business & Relationship Intelligence in its Enterprise Media Group that will focus on bringing Generate-powered solutions to market in the enterprise sales and media segments. Generate's extraction and aggregation technology harvests company and executive data from the web and maps the relationships among the people and organizations it finds. The company crawls more than 75 million domains extracting comprehensive information on more than four million companies and 6.4 million executives. Terms of the deal were not disclosed. All Generate employees will join Dow Jones.

(www.dowjones.com, www.generateinc.com)