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Mergers & Acquisitions: FactSet Acquires Market Metrics

June 4, 2010 (FinancialWire) — FactSet Research Systems, Inc. (NYSE: FDS) (NASDAQ: FDS), a provider of integrated financial information and analytical applications to the global investment community, said it has acquired Market Metrics, Inc.

Headquartered in Quincy, Massachusetts, Market Metrics is a leading market research firm in the United States focused on advisor-sold investments and insurance products. Each year Market Metrics conducts more than 20,000 in-depth surveys of financial advisors, brokers, research analysts and gatekeepers. Leveraging this unique body of data, Market Metrics helps senior managers to understand better their competitive strengths and weaknesses, and how they can improve their relationships with customers and increase market share.

Market Metrics currently has annual subscriptions of $16 million and is supported by 25 employees. The acquisition of Market Metrics is not expected to have a material impact on FactSet's fiscal 2010 fourth quarter or fiscal 2011 diluted earnings per share.

"Market Metrics is an exceptional example of a company providing unique content to the investment management industry, helping senior executives make important business decisions," said Philip Hadley, FactSet's chairman and chief executive officer. "We expect to deepen our relationships with our common clients by providing them an even broader range of powerful content and analytical services."

FactSet conducts operations along with its affiliates from more than twenty-three locations worldwide, including Boston, New York, Chicago, San Mateo, London, Amsterdam, Frankfurt, Paris, Milan, Tokyo, Hong Kong, Mumbai, and Sydney.

Formed in 1993 as part of Monitor Group, a strategic consulting company, Market Metrics became an independent company in 1996.

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