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SS&C to buy investment platform from Thomson Reuters
February 29, 2012 / 1:17 PM / in 6 years

SS&C to buy investment platform from Thomson Reuters

Feb 29 (Reuters) - SS&C Technologies Holdings Inc , a provider of software for financial firms, said it agreed to buy Thomson Reuters Corp’s investment operations platform Portia for $170 million.

The transaction is expected to close in the second quarter of 2012, SS&C said in a statement.

Thomson Reuters Portia helps investment managers track and manage their portfolios.

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