[January 07, 2009] Dow Jones announces acquisition of database assets of Library House Tweet Jan 07, 2009 (M2 EQUITYBITES via COMTEX) -- Dow Jones & Company, a division of News Corporation (NYSE: NWS:NYSE: NWS.A) (ASX: NWS) and a provider of global business news and information services, announced on Tuesday (6 January) that the company has acquired, from administration, the database assets of The Library House Ltd, a provider of data on emerging private companies in Europe based in UK. Library House was placed in administration on 23 December 2008. These data assets will be combined with Dow Jones VentureSource, which tracks venture capital investment in companies in every industry and stage of development throughout the US, Canada, Europe, India, Israel and Greater China. The company said that current Library House database customers will become Dow Jones VentureSource customers and receive continuous and greatly enhanced coverage of innovative companies in Europe and around the world. According to Clare Hart, executive vice president, Dow Jones, and president, Dow Jones Enterprise Media Group, the addition of the assets of Library House, solidifies Dow Jones VentureSource's status as the world's most comprehensive and accurate research tool for monitoring developments in the venture capital industry. With the acquisition of these assets, Dow Jones extends its global leadership as a provider of data and news on private, venture-backed and private-equity backed firms. Financial details of the acquisition were not available. Comments on this story may be sent to [email protected] [ Back To TMCnet.com's Homepage ]