Financial information services company Markit (Nasdaq: MRKT) is buying CoreOne Technologies from Symphony Technology Group in a $200 million cash deal. Markit is funding the acquisition through a combination of cash and debt.

New York-based CoreOne provides regulatory reporting and other data management services to hedge funds, investment banks and wealth managers. STG formed CoreOne in 2008 when the Palo Alto, Californina-based private equity firm bought financial data services company Netik from the Bank of New York Mellon Corp (NYSE: BK).

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