Onesource -- Lotus Development's Cd-Rom Data Unit -- Becomes Independent Company
VENDOR STRATEGIES
Lotus Development Corp. has sold its One Source division to a group of investors that includes One Source's own managers and employees as well as two venture capital firms -- Boston-based Information Partners and Chicago-based William Blair Venture Partners. Lotus itself retains a minority stake.
OneSource Information Services Inc., as the freestanding company will be known, sells a series of financial information databases on CD-ROM -- including CD/Investment, CD/Corporate, CD/Banking, CD
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