IHS Inc. announced that it has completed its acquisition of iSuppli Corporation, which offers technology research and advisory services.
Unedited press release follows: www.isuppli.com ; www.ihs.com
IHS Closes Acquisition of iSuppli Corporation
November 19, 2010 — IHS Inc. (NYSE: IHS), a leading global source of critical information and insight, today announced it has completed the closing of its acquisition of iSuppli Corporation, the global leader in technology value chain research and advisory services. The approximately $95 million transaction also includes Screen Digest, a leading digital media and technology research company, which was recently acquired by iSuppli.
“Taking advantage of existing IHS expertise, the addition of iSuppli and Screen Digest will help us develop new products and services for a variety of the vertical markets we serve,” said IHS Chairman and Chief Executive Officer Jerre Stead. “IHS electronic components and industry standards information will now have the added value of cost, teardown and supply and demand analysis along with forecasting and market intelligence. In addition, we are acquiring a talented group of analysts and researchers as well as a strong customer base across Europe and Asia.”
iSuppli is the global leader in electronics technology research and advisory services serving more than 500 customers in high-tech services, consumer electronics, multi-national industrial conglomerates, financials, automotive and governments. The company’s primarily subscription-based product offerings range from electronic component research to device-specific application market forecasts, from teardown analysis to display device and systems research to hardware design forecasting. This complete electronics value chain view from fundamental electronic component supply to end-market demand is critical to operating and investment decisions of high tech manufacturers, original equipment manufacturers, financial investors and government agencies across many core IHS market verticals.
Screen Digest provides information and analysis surrounding traditional and emerging media content and distribution technology value chain. The company’s research and analysis team brings a combined 350 years of experience in covering the global media and technology markets with a deep understanding of market dynamics and technological developments and a strong analytical framework to bring perspective and insight to key issues. Screen Digest serves more than 180 major telecommunications, broadcasting and media production companies around the world with subscription-based intelligence services, industry reports, research bulletins and consulting services. The recent acquisition of Screen Digest represents the most complete, global understanding of the technology, media and telecommunications (TMT) value chain available in the market research business today .
“Leveraging our extensive supply chain and value chain expertise of the technology, media and telecommunications space, IHS will now be able to deliver the most accurate and trusted electronics information and insight to customers around the globe,” said iSuppli President and Chief Executive Officer Derek Lidow. “Our analysis of prices, technology prognostics, competitor analysis, market drivers and trends will help IHS continue to develop the most comprehensive suite of design and supply chain products and services available anywhere.”
Marlin & Associates was exclusive financial and strategic advisor to iSuppli. iSuppli employs approximately 240 people in 14 locations around the world.
About IHS (www.ihs.com)
IHS (NYSE: IHS) is a leading source of information and insight in pivotal areas that shape today’s business landscape: energy, economics, geopolitical risk, sustainability and supply chain management. Businesses and governments 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 4,400 people in more than 30 countries around the world.