Bloomberg Enters Government Data Market


According to a post on the Washington Technology website, Bloomberg has acquired Eagle Eye Publishers with a goal of entering into the government market.  The move positions it to possibly compete with INPUT and Fedsources, long-standing research companies in the government space.  Bloomberg has traditionally provided financial trend data to Wall Street types.

The article states “Eagle Eye provides data and analysis on contracting and grants actions by government agencies. Users are charged a subscription fee.”  Bloomberg officials confirmed the acquisition when contacted by Washington Technology, but would not comment on the value of the deal or expand on Bloomberg’s strategy in the government space.

Apparently, Bloomberg is seeking to create a resource similar to Congressional Quarterly, but focused on government actions and their impact on public companies.  It is not clear if it will offer deep insights into specific procurement opportunities.

-Lorin

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