Year-End Earnings Report Reveals Teknekron's Growth
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Reuters announced its annual results last week. The report covered the first full year in which its Teknekron Software Systems Inc. subsidiary has made a contribution. While Reuters does not break out its information management systems' (IMS) products sales from data sales, Peter Job, Reuters' chief executive, said Teknekron's revenue in 1994 grew 48 percent to $72 million. Reuters said that "outright sales of information management systems products" grew 127 percent including Teknekron, but
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