Dow Jones Buys Two Intelligence Firms

US news and business info group Dow Jones has announced the acquisition of two geopolitical intelligence providers, Dragonfly Intelligence and Oxford Analytica, from policy and regulatory intelligence specialist FiscalNote Holdings, for $40m

Dow Jones, which is part of News Corp, has one of the world's largest news-gathering operations and is home to the Wall Street Journal, as well as Barron's, MarketWatch, Factiva and other high profile news and intelligence brands. The two new acquisitions will operate as part of Dow Jones Risk & Compliance, complementing its existing product suite. Dragonfly has offices in London and Singapore, and provides geopolitical and security intelligence to crisis management, security and risk professionals, including real-time intelligence on potential and ongoing security risks, and personalized access to key analysts. UK-based Oxford Analytica provides macroeconomic and geopolitical risk analysis, for business strategists, investors and others, drawing on a worldwide network of experts.

The acquisition is expected to close in the first quarter of 2025 and is subject to regulatory approval in Austria and customary closing conditions. Almar Latour, CEO of Dow Jones and Publisher of The Wall Street Journal comments: 'The additions of Dragonfly and Oxford Analytica to our business will allow us to further support our customers in assessing geopolitical risks, building on the news, data, analysis and convening power we already provide through our Dow Jones Risk & Compliance service and our daily news coverage'.

Dow Jones Risk & Compliance grew revenue 16% last year to nearly $300m, while its parent recently acquired WorldECR, a provider of news, data and analysis on global export control and trade sanctions, and expanded its stake in data intelligence software provider Ripjar.

Web site: www.dowjones.com .