ISI Emerging Markets to Acquire Asian Provider of Macro-Economic Data

Mar 15, 2005


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Internet Securities Inc (ISI), a subsidiary of Euromoney Institutional Investor PLC (Euromoney), has announced that it will acquire, CEIC Holdings Limited and its related companies (CEIC). Headquartered in Hong Kong, CEIC is a provider of time-series macro-economic data covering Asia. CEIC was founded 12 years ago by Albert Fan, its managing director and owner. It specializes in providing databases focusing on Asian macro-economic, industrial, and financial time-series data. It aggregates data from 500 primary sources, including national statistical offices, central banks, and financial exchanges.

The acquisition opens ISI's international customer network to CEIC. It is also expected to accelerate ISI's growth in Asia by enabling ISI to introduce its global emerging market services to CEIC's Asian customer base, and by expanding ISI's physical presence in South-east Asia. Based in New York, ISI Emerging Markets delivers information on emerging markets through its flagship Emerging Markets Information Service (EMIS). Available through 15 language interfaces, it aggregates and produces content including full-text news articles, financial statements, company information, industry analyses, equity quotes, macroeconomic statistics, and market-specific information.
(www.securities.com)