Thomson Reuters Corp. (TRI,TRI.TO) said that its Tax & Accounting business has completed the acquisition of Sabrix Inc., a provider of transaction tax management software applications and services. Terms of the transaction were not disclosed.
Over time Sabrix products and solutions will be fully integrated with other leading Thomson Reuters software and services on ONESEOURCE, a web-based technology, to provide a full array of integrated transaction tax capabilities to customers.
All 160 Sabrix employees will transfer into Tax & Accounting and the business will continue to be based in San Ramon, CA.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.