J. Sinkkonen and S. Kaski We have extended information-bottleneck type clustering to continuous multivariate co-occurrence data (x,y). Instead of pairs of discrete data, for instance words and documents, x and y are vectors, for instance expression and transcription binding profiles of genes. The margin clusters for x and y are defined as Voronoi partitionings, but they are optimized by a distributional cost (mutual information) instead of the standard K-means quantization error. Either one or two margins can be clustered, corresponding to the classical and symmetric information bottleneck. Alternative cost functions can be derived from measures of dependency used in the context of contingency tables. These are also applicable to the classic IB with discrete margins. Results are promising for small data sets, while still being asymptotically equivalent to mutual information for large data sets.