"We are very excited to be joining an organization that shares our passion for delivering an exceptional customer experience"
ENGLEWOOD, Colo.--(BUSINESS WIRE)--IHS Inc. (NYSE:IHS), the leading global source of information and
analytics, announced today that it has acquired IMS Research, a leading
independent provider of market research and consultancy to the global
electronics industry, for approximately $46 million.
“The acquisition of IMS Research will help us expand our products and
services in the technology, media and telecommunications (TMT) value
chain, and better position IHS to deliver a more robust product offering
to our customers in the global technology marketplace,” said IHS
Chairman and Chief Executive Officer Jerre Stead. “The annual delivery
nature of the IMS Research business is also an excellent fit for our
IMS Research provides premium research with proprietary data and
in-depth market insight to original equipment manufacturers (OEMs),
component manufacturers and systems suppliers in the global electronics
industry. The company's products and services include syndicated market
studies, custom research, consultancy services and events that deliver
comprehensive, value-add data and in-depth actionable market
intelligence, across the technology spectrum. It serves diverse
industries across the technology spectrum, from semiconductors and
wireless to industrial systems and alternative energy, helping clients
in more than 50 countries better understand markets and shape strategies.
“We are very excited to be joining an organization that shares our
passion for delivering an exceptional customer experience,” said IMS
Research Founder and Chief Executive Officer Matthew Towers. “The IMS
Research suite of products and services are an excellent fit with the
existing IHS portfolio of technology information and analytics, and our
research model provides a platform for IHS to extend into the consumer
sentiment space for even greater breadth and depth of content.”
IMS Research was founded in 1989 and is headquartered in Wellingborough,
U.K. The company employs more than 140 people in the U.K., U.S., China,
Japan, South Korea and Taiwan.
Marlin & Associates served as financial advisor to IMS Research.
Additional information about this acquisition will be provided on the
company’s previously announced first quarter 2012 earnings conference
call on March 22 at 8:00 a.m. EDT.
IHS (NYSE: IHS) is the leading source of information, insight and
analytics in critical areas that shape today’s business landscape.
Businesses and governments in more than 165 countries around the globe
rely on the comprehensive content, expert independent analysis and
flexible delivery methods of IHS to make high-impact decisions and
develop strategies with speed and confidence. IHS has been in business
since 1959 and became a publicly traded company on the New York Stock
Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS employs
more than 5,500 people in more than 30 countries around the world.
IMS Research is a leading independent supplier of market research and
consultancy to the global electronics industry, offering syndicated
market studies, custom research and consultancy services. Clients
include most of the household names in the industry. IMS Research has
offices in Europe, the US, China, Taiwan, South Korea, and Japan.