New York—Bloomberg L.P. confirmed Tuesday that it is building a division that will offer information about the intersection of government and business.
Bloomberg recently acquired Eagle Eye Publishing, a supplier of data on government procurement. It said Tuesday that Kevin Sheekey is rejoining the company as chairman of the government-oriented division. He will also oversee government relations and communications.
Sheekey, who most recently was New York’s deputy mayor for government affairs, worked at Bloomberg from 1997 to 2001.
“Kevin will oversee a service that applies Bloomberg’s unmatched capabilities in data gathering and analytics to a one-stop, integrated information source of government information. Bloomberg is ideally positioned to address the fragmented market for information about people, decisions and data in Washington that affect business,” Daniel Doctoroff, president of Bloomberg, said in a statement. Bloomberg, which has traditionally shunned acquisitions, has been aggressively expanding beyond its core terminals business. The company acquired BusinessWeek late last year.