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Dow Jones acquires Generate Inc.

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New York—Dow Jones & Co. announced that it has acquired Generate Inc. (www.generateinc.com), a provider of business social networking tools.

Financial terms of the deal were not disclosed.

As part of the acquisition, Dow Jones will form a new business unit called Business & Relationship Intelligence in its Enterprise Media Group.

Generate crawls more than 75 million domains extracting information on over four million companies and six million executives. Its technology also mines in real-time for more than 100 "trigger events" of interest to business and financial professionals, such as mergers and acquisitions, senior executive and board changes, and venture financing.

—Matthew Schwartz

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