Reuters Buys Chunk Of Effix; Expands Triarch/Effic Line
WORKSTATIONS AND ANALYTICS
Reuters has beefed up its relationship with Effix Systemes S.A., taking a 35 percent ownership stake in the French software house. At the same time, Reuters extended the terms of an existing agreement to market Effix's workstation software as the front end to its Triarch 2000 local data distribution system.
The deal puts an end to speculation that the Reuters/Effix partnership was on the rocks (TST, Oct. 21, 1991). Industry observers have speculated that Effix was frustrated by its inability to
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