Dow Jones & Co. today announced a restructuring of its Enterprise Media Group that is designed to bolster its business in the financial, corporate and media, and government markets.

The company has reorganized its management and consolidated its enterprise product lines into three business units: Dow Jones Indexes and Reprints, Dow Jones Financial Information Services and Dow Jones Content Technology Solutions.

The new structure integrates three complementary businesses, Dow Jones Newswires, Dow Jones Licensing Services and Factiva, into a new unit, Dow Jones Content Technology Solutions. Both Dow Jones Indexes and Reprints and Dow Jones Financial Information Services continue with the same structure and leadership but will collaborate with the leadership of the Dow Jones Content Technology Solutions unit on new products and services.

Rich Zannino, CEO of Dow Jones said, “These changes follow the acquisition of Factiva and will accelerate our growth in the attractive business information services market. This is the latest step in our strategy of diversifying our reliance on traditional print revenue. Our Enterprise Media Group now has the structure and resources to deliver even more comprehensive and innovative solutions to customers in both new and existing markets, globally.”

“This is especially good for our customers. By marrying the indispensable content of Dow Jones with the innovative technologies developed by Factiva, we will improve the ability of business people around the world to find and use information more effectively,” said Clare Hart, executive vice president, Dow Jones, and president, Dow Jones Enterprise Media Group. “Our solutions will provide clients with all the relevant information, and only the relevant information, at the point of decision, which increases the speed and effectiveness of decision-making.”

In addition to enhancing its current product lines, the company says that, before the end of the year, it will expand its Dow Jones Wealth Manager offerings and launch a more robust set of content-integration technologies that allow clients to integrate multiple content types into their most mission-critical applications.

Dow Jones will provide information on the financial effects of the restructuring as part of its annual earnings release later this month.