D&B Buys Open Ratings

The deal is worth $8 million.
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D&B

(DNB)

, a business information company, said Wednesday that it has acquired

Open Ratings

for $8 million in cash.

Waltham, Mass. -based Open Ratings provides risk management solutions to manufacturing companies. It posted revenue of $4.5 million in 2005.

Dun and Bradstreet expects the deal to reduce its 2006 earnings by about 2 cents a share, most of which is in the first half, and add to its 2007 earnings.

The acquisition will have no impact on its 2006 full-year guidance, the company said in press release.

This story was created through a joint venture between TheStreet.com and IRIS.