Dow Jones Acquires Dragonfly Intelligence and Oxford Analytica
Dow Jones has announced it will acquire Dragonfly Intelligence and Oxford Analytica from FiscalNote Holdings for $40 million, according to a press release. The acquisition is anticipated to close in the first quarter of 2025, pending regulatory approval in Austria and other customary conditions.
Dragonfly Intelligence, based in London and Singapore, provides geopolitical and security intelligence to multinational companies, financial institutions, and public sector entities. Oxford Analytica, founded in 1975 in the UK, offers macroeconomic and geopolitical risk analysis to help businesses navigate complex markets.
Both companies will become part of Dow Jones Risk & Compliance, enhancing its suite of products with proprietary geopolitical risk and security intelligence. This acquisition aligns with Dow Jones's strategy to expand its offerings in specialized news, data, and analysis for business professionals.
Dow Jones's parent company, News Corp, expects to receive a $4 million tax benefit from the transaction. This move follows Dow Jones's recent acquisition of WorldECR and an increased stake in Ripjar, underscoring its commitment to the risk and compliance sector.
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