Press release
Dow Jones Acquires WorldECR to Enhance Editorial Coverage for Global Compliance Community
NEW YORK and LONDON, Dec. 2, 2024 /PRNewswire/ -- Dow Jones today announced it has acquired WorldECR, an industry-leading provider of news, data and analysis
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[{"type":"text","content":"NEW YORK and LONDON, Dec. 2, 2024 /PRNewswire/ -- Dow Jones today announced it has acquired WorldECR, an industry-leading provider of news, data and analysis on global export control and trade sanctions. This is the latest in a series of investments and acquisitions aimed at bolstering Dow Jones's portfolio of specialized news, data, analysis and events for business users.\n\n \n \n \n \n \n \n\n \nBased in London, WorldECR serves compliance professionals from corporations, law firms, governments, professional services, research and financial institutions. Its flagship operations include subscription-based specialist trade publications WorldECR and Export Compliance Manager as well as an extensive collection of practitioner guides and the annual WorldECR Forum, which takes place in London and Washington D.C each year. Its portfolio also includes CtrlAtlas, a dynamic database of export control regulations and guidance from around the world.\nWorldECR will operate as part of Dow Jones Risk & Compliance, enhancing Dow Jones's existing product portfolio with world-class editorial coverage and marquee events to help customers navigate the increasingly complex trade compliance landscape.\nThis acquisition comes at a time of continued growth and expansion for Dow Jones Risk & Compliance. In its first quarter earnings for fiscal 2025, revenues grew 16% to $81 million. Dow Jones also recently announced it has expanded its ownership stake in Ripjar, a global data intelligence software provider, underscoring its ongoing commitment to becoming a leading information service provider for the growing risk and compliance community. Earlier this year, the company also acquired A2i Systems, a world leader in AI-powered fuel pricing solutions.\n\"With the addition of WorldECR's authoritative journalism, we have made a significant step forward in our strategy to provide a comprehensive suite of news, data, analytics and peer-to-peer learning that risk professionals need to make strategic business decisions,\" said Almar Latour, CEO of Dow Jones. \"Adding the valued content from WorldECR into the Dow Jones portfolio is the latest investment to ensure we offer the most comprehensive data and information in key areas that our customers seek out from us.\"\n\"We are delighted to welcome WorldECR to our team,\" added Joel Lange, EVP & General Manager, D...