Reuters To Buy ClearForest

Reuters (Nasdaq: RTRSY) has agreed to acquire ClearForest Ltd., a Waltham, Mass.-based provider of text analytics solutions. No financial terms were disclosed for the deal, which is expected to close in around 30 days. ClearForest has raised around $30 million in VC funding since 1998, from firms like Greylock, DB Capital Partners, Pitango Venture Capital, Walden Israel, Booz Allen & Hamilton, HarbourVest Partners and JPMorgan Partners.