Today, AOL announced the purchase of Relegence, a New York-based search engine specializing in financial news and information, for an undisclosed price.
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Relegence, a subscription-based service, aims to deliver relevant information to users’ desktops as soon as it’s published, regardless of the medium used. The notification and delivery technology draws from such sources as local and international newswires, television and cable networks, regulatory filings, Internet bulletin boards and Web sites and is designed to be integrated with internal streaming content.