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US Conning buys software firm DFA Capital Management.
(From M&A Navigator)
MANAVIGATOR-November 30, 2010-US Conning buys software firm DFA Capital Management (C)2010 M2 COMMUNICATIONS http://www.m2.com
US Conning, a provider of asset management services to the insurance sector, said Tuesday it had bought DFA Capital Management, a developer of economic, capital markets, and risk modelling software, to boost its IT resources and product portfolio. The financial terms of the deal were not disclosed. Conning, which has recently launched a new web portal providing clients with daily online access to its services, new security level portfolio analysis and simulation tools, said it would continue to expand its …
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- Deal snapshot: US CONNING BUYS SOFTWARE FIRM DFA CAPITAL MANAGEMENT.
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News wire article from: Europe Intelligence Wire
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700+ words
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