S&P Global × Cosaic
S&P Global announced the acquisition of ChartIQ, a financial charting provider, from Cosaic. [55, 73] The transaction closed on January 1, 2023, and the financial terms were not disclosed. [55] The ChartIQ business was integrated into the S&P Global Market Intelligence division to enhance the charting and visualization capabilities of the S&P Capital IQ Pro platform. [55, 73]
The asset
The ChartIQ business, a premier HTML5 charting and data visualization library for the financial services industry.
The record
- Seller status
- Going concern
- Sector
- financial software and data visualization
- Modalities
- software
- Jurisdiction
- US
What it means if you hold data
The deal shows a major data provider acquiring a best-in-class visualization tool to improve its user-facing platform, indicating that the presentation and usability of data are as critical as the data itself. S&P Global can now offer clients more advanced and interactive ways to analyze its vast datasets. [55]