ISI Emerging Markets Group, a London based data and analysis provider of information on emerging markets, has acquired REDD Intelligence, a niche provider of information of emerging markets company activity. Terms not disclosed.
REDD offers online and app-based real time news on 1,400 companies in emerging markets. The companies both operate a subscription model and draw on locally-based research teams. The deal extends ISI’s reach within the sector covering macro and industry data, company and finance information serving banking, hedge funds and asset managers. REDD will remain a separate brand and will be able to access ISI’s data and analysis resource to cover new markets and inspire new product development.