FactSet Research Systems Inc. (NYSE:FDS) acquired Cobalt Software, Inc. on October 13, 2021. The transaction is not expected to have a material impact on FactSet's fiscal 2022 results.

FactSet Research Systems Inc. (NYSE:FDS) completed the acquisition of Cobalt Software, Inc. for $50 million on October 12, 2021. As reported, FactSet acquired all of the outstanding shares of Cobalt for a purchase price of $50.018 million in cash, net of cash acquired and subject to working capital and other adjustments.