CQ Acquires FedNet's reCap, reClip and Alert Services

From the release:

Congressional Quarterly Inc. (CQ), has agreed to acquire FedNet’s reCap, reClip and Alert services which allow users to search, replay, and post video content of congressional activity within moments of floor debate. Terms of the transaction were not disclosed.
“We are committed to investing in the latest technologies to better allow our customers to get the information they need to perform their jobs,” said Robert W. Merry, president and editor-in-chief of CQ, the nation’s premier provider of news and analysis on Congress, politics and public policy.

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