Charlottesville, Va. - SNL Financial, a provider of business intelligence to investment banks, money managers and corporations, announced on Wednesday that it has acquired media research and analysis firm, Kagan Research.

Financial terms of the transaction were not disclosed.

Founded in 1969, Monterey, Calif.-based Kagan provides financial data and reports on broadcast TV and radio, cable, satellite, entertainment, wireless communications and programming.

The acquisition coincides with the launch of SNL Financial's new Media & Communications group, which will cover over 260 companies in the sector.

"We want every participant in the media and communications industry -- investment bankers, research analysts, operating companies, consultants, lawyers, ratings agencies -- to depend daily on the combined SNL/Kagan information service," said Dan Seideman, director of SNL's Media and Communications group.

Related Links:
http://www.snl.com

http://www.kagan.com