IHS acquires IMS Research23. March 2012 | Markets & Trends, Industry & Suppliers | By: Shamsiah Ali-Oettinger
Information and analytics firm IHS has announced the purchase of IMS Research, an independent provider of market research and consultancy for approximately US$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 subscription-based model." IMS Research is a leading consultancy with proprietary data and in-depth market insight into the solar market and industry as well.
"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."
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