BT has completed its acquisition of Radianz, the leading financial services extranet provider, from Reuters.
The acquisition has been approved by the US and EU competition authorities on the terms announced on 10 March 2005. The transfer of shares and funds between Reuters and BT was completed today and Radianz is now under the ownership of BT.
Andy Green, chief executive officer, BT Global Services, says: “The Radianz offering is a very significant addition to BT’s global portfolio. Financial services companies demand extremely high performance and resilient services and we aim to develop the Radianz model to deliver additional value added services for this market.”
29-Apr-2005
