MVS Eyes Expansion After Acquisition by Platts
Vendor will leverage Platts' resources to grow its commodities data business.
The acquisition will enable MVS─which was founded in 2011 by chief executive James Rilett and managing director Oliver Gausmann─to continue to build its technical capabilities and to scale its business in a manner that it would not have been able to achieve by itself as a small startup, Rilett says.
For example, in a statement announcing the acquisition, Platts officials say the acquisition will allow the vendor to "put the full weight of Platts' marketing, sales and product development teams
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