- CEO
- Kan Devnani
- Full Time Employees
- 26
- Sector
- Communication Services
- Industry
- Publishing
- Address
- 295 Madison Avenue New York City NY United States of America 10017
- IPO Date
- Nov 19, 1997
- Business
- COMTEX News Network, Inc. (CMTX) operates as a content specialist and distributor of electronic real-time news and information, aggregating content from thousands of national and international sources including Business Wire, Dow Jones Newswires, PR Newswire and United Press International for redistribution to financial platforms, websites and corporate intranets; core products encompass CustomWires for subject-specific newswires in areas such as energy, finance, cryptocurrency, international and public company information; TopNews including Top News Summaries, Top Financial News Summaries and Comtex Front Page delivering editorially selected high-impact stories across 29 categories like aerospace, banking, economy, mergers and sports; Full Feed Products providing complete content distribution from publishing partners such as Foundry for IT and technology publications and Business Television for investment shows and CEO clips; SmarTrend products featuring proprietary stock trend alerts, Morning Call newsletters and Spotlights; Comtex Web Topics powered by a partnership with Northern Light offering 53 targeted web news topic lists plus customized options; and custom solutions via API enabling ticker, keyword and category-filtered feeds in single XML format with real-time delivery. Founded in 1980 and headquartered at 295 Madison Avenue, 12th Floor, New York, New York, the company went private in June 2010 after previously trading over-the-counter and maintains operations focused on the United States financial and media sectors serving distributors like Bloomberg, Reuters, Factiva and MarketWatch through renewable long-term contracts generating royalties based on client revenue models. Recent developments include the launch of a new API providing unified access to all news content solutions for enhanced syndication, exposure and monetization across premium networks such as Bloomberg, USA Today, AP News, Benzinga and Yahoo; expansion of CustomWires with a dedicated Cryptocurrency feed covering blockchain, Bitcoin, Ethereum, regulations and market sentiment; and a strategic partnership with Northern Light to integrate targeted web news topics complementing traditional newswires.