The National Stock Exchange of India (NSE) has acquired Cogencis Information Services, a provider of real-time market data terminals to institutional customers, for an undisclosed sum. NSE Data & Analytics Ltd, a wholly-owned unit of India’s largest stock exchange, bought Cogencis from the firm’s shareholders, including founder Pankaj Aher and co-founder Kalyanram Kodakalla, NSE says in a statement on January 22. According to Vikram Limaye, NSE’s managing director and chief executive officer, Cogencis’s business complements that of NSE Data and will be an additional channel to distribute and disseminate market data and analytical products and solutions. The acquisition will “deepen our presence in the market and strengthen our position as a financial market infrastructure institution”, he says in the statement.