German price database and auctioneer Artnet has acquired Tutela Capital SA, a boutique analytics firm, signaling its intent to strengthen its data analysis abilities in the modern market landscape. “This seemed to be a natural supplement and evolution of the price database,” says founder Hans Neuendorf. “When we first tried this, 15 years ago, we couldn’t find a data specialist who had knowledge of art. It was a reasonable price, after having tried for many years to find the right person to do this.” Read more at Art Newspaper
