« SEC XBRL Logical Model, Proof that Using XBRL Can Be Easier | Main | Business Reporting Logical Model Enhances Comparability and Interoperability »

EDGAR Online and UBmatrix to Merge

It was announced today that EDGAR Online and UBmatrix will merge. Here is the first two paragraphs of the press release:

NEW YORK and REDWOOD CITY, Calif., June 24 /PRNewswire-FirstCall/ -- EDGAR® Online, Inc. (Nasdaq: EDGR) and UBmatrix, Inc. today announced the signing of a definitive merger agreement that would create the first global end-to-end provider of solutions for the creation, validation and analysis of XBRL (eXtensible Business Reporting Language) content.  UBmatrix is one of the original inventors of the XBRL financial standard, which is being mandated worldwide by many regulators to improve the transparency and efficiency of business reporting.

The merger would combine EDGAR Online's position as the leading provider of U.S. Securities and Exchange Commission (SEC) public company XBRL filings and XBRL data, and UBmatrix's experience as the leading XBRL software provider to independent software vendors and major U.S. and international regulators.  The combined entity will be strongly positioned to provide global markets with XBRL based transparency solutions from issuers to regulators to investors.


Posted on Thursday, June 24, 2010 at 06:45AM by Registered CommenterCharlie in , , , , | Comments1 Comment

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (1)

congratulations! on creating the first integrated xbrl producer in the world(?)
June 24, 2010 | Unregistered CommenterBrian

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
All HTML will be escaped. Hyperlinks will be created for URLs automatically.