IHS Closes Acquisition of GlobalSpec
Acquisition Details and Update on Guidance to be Provided on Call Set for July 11, 2012 at 4:30 pm EDT
Public Company Information:
ENGLEWOOD, Colo.--(BUSINESS WIRE)--IHS Inc. (NYSE:IHS), the leading global source of information and analysis, today announced it has completed the closing of its acquisition of GlobalSpec, Inc., the leading specialized vertical search, product information and global access point providing critical digital information tied to key Product Engineering and Design workflows for seven million engineers, from Warburg Pincus LLC for $135 million.
IHS Chairman and Chief Executive Officer Jerre Stead and senior leadership will discuss details about the GlobalSpec acquisition and provide updated guidance for 2012 on a call set for 4:30 pm EDT, July 11, 2012. To participate in this call, click on the following link: http://www.ihs.com/Investor-Relations/ and log on at least 15 minutes prior to the start of the webcast.
About IHS (www.ihs.com)
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 6,000 people in more than 30 countries around the world.
IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners. © 2012 IHS Inc. All rights reserved.
About GlobalSpec, Inc. (www.globalspec.com)
GlobalSpec, Inc. is the leading provider of digital media solutions designed to connect industrial marketers with their target audience of engineering, technical, industrial, scientific and manufacturing sector professionals. GlobalSpec provides its registered users with a domain-expert search engine to search more than 50,000 supplier catalogs by specification, a broad range of proprietary and aggregated Web-based content, over 15 annual online events, and more than 70 e-newsletters - helping them search for and locate products and services, learn about suppliers and access comprehensive technical content. For suppliers, GlobalSpec helps generate awareness, demand and engagement opportunities among the professionals they are looking to reach – from inbox to desktop, through networks and via real-time engagement.
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