Moody's buys Acquire Media to bolster counterparty screening, terms undisclosed

Moody's announced the acquisition of Acquire Media, an aggregator and distributor of curated real-time news, multimedia, data, and alerts, from Naviga, Inc., a leading provider of content engagement solutions for the global media industry. The acquisition advances Moody's Analytics' position as a leader in Know Your Customer solutions by strengthening its ability to provide early warning and real-time insight to market participants. AM's patented technology platform ingests information from over 18,000 global content sources, including media outlets, blogs, websites, government regulatory commissions, and social media, then distributes curated real-time feeds and alerts to customers across the financial services, corporate and media sectors. "Acquire Media plays an integral role in the dissemination of real-time news and information," said Stephen Tulenko, President of Moody's Analytics. "The acquisition bolsters our ability to provide customers with counterparty screening and surveillance, as well as early warning insights to help them make better decisions." AM will be integrated into MA's Research, Data & Analytics line of business. The investment was funded with cash on hand and is not expected to have a material effect on Moody's 2020 financial results.