Thomson Reuters acquires Discovery Logic

AP News
Posted: Jan 04, 2010 1:02 PM

News and information provider Thomson Reuters Corp. said Monday it has acquired Discovery Logic Inc., a company that makes software for collecting and mining data.

Thomson did not release financial details.

Discovery Logic, based in Rockville, Md., makes the ScienceWire line of software products, which uses computer algorithms to search information stored in databases.

Thomson Reuters shares rose 23 cents to $32.48 in afternoon trading.