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The company was founded in 1851 by Paul Julius Reuter in London as a business transmitting stock market quotations. [10] Reuter set up his "Submarine Telegraph" office in October 1851 and negotiated a contract with the London Stock Exchange to provide stock prices from the continental exchanges in return for access to London prices, which he then supplied to stockbrokers in Paris. [10]
The Thomson Corporation announced its desire to sell Prometric in the fall of 2006, and Educational Testing Service announced plans to acquire it. [4] On Monday, October 15, 2007, Educational Testing Service (ETS) closed its acquisition of Prometric from the Thomson Corporation. [5] In 2018, Prometric was bought by Baring Private Equity Asia. [6]
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On 15 May 2007, the Thomson Corporation reached an agreement with Reuters to combine the two companies, a deal valued at $17.2 billion. On 17 April 2008, the new company was created under the name of Thomson Reuters. The chief executive officer of Thomson Reuters is Jim Smith, and the chairman is David Thomson, formerly of the Thomson Corporation.
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