Source: Dow Jones
Dow Jones & Company today announced the acquisition of Betten Financial News BV, the Dutch-language news service covering the corporate sector in the Netherlands.
Dow Jones will combine Betten's comprehensive coverage with Dow Jones Newswires's premier Dutch-language financial news service, Dow Jones Nieuwsdienst, to offer its customers expanded reporting and strengthened insight into the Dutch financial markets.
The deal highlights Dow Jones's commitment to providing high-quality news on European financial markets and to the development of its non-English services. Betten is widely known in The Netherlands under the name Betten Beursmedia News.
"Betten has a strong reputation in the Dutch market for the speed and quality of its news. The integration of the service into Dow Jones Nieuwsdienst will create an unbeatable combination for our customers by offering a comprehensive view of corporate and financial news for better decision making," said Clare Hart, executive vice president, Dow Jones, and president, Enterprise Media Group. "We're dedicated to increasing our coverage of local markets in local languages, and this acquisition helps us to better serve the needs of our European customers."
Dow Jones Newswires also publishes its news in Arabic, Chinese, French, German, Italian, Japanese, Portuguese, Russian and Spanish. Terms of the deal were not disclosed.
"This is a great opportunity for Betten's customers to gain an even broader editorial coverage both for our local and wider European market. Together with the resources of Dow Jones, we will now offer customers the pre-eminent Dutch language real-time financial news service," said Jan-Willem Struiksma, a director of Betten.
"In addition, our customers will also benefit from the wider resources and excellent customer service that Dow Jones offers," said Pim van Dijk, a director of Betten.
Betten is a leading Dutch financial and economic news organisation providing real-time news and information to professional and private investors, media and non-financial companies.