Investor NPD Buys In-Stat

US-based In-Stat is to be acquired by The NPD Group, which has held a stake in the mobile and digital entertainment specialist since a management buyout last April.

In-Stat offers reports, forecasting and advisory services for clients including technology vendors, equipment manufacturers, service providers, and media companies. The firm's management, led by CEO Mark Kirstein, bought it from former owner Reed Business information nine months ago with the backing of an unspecified investment from retail specialist NPD.

NPD says the acquisition will further strengthen its analyst businesses by expanding its global coverage in these sectors, and will complement its existing consumer and retail sales tracking services for the technology and entertainment industries, including those of its flat panel research subsidiary, DisplaySearch.

Tim Bush, General Manager of The NPD Group's Analyst Services, into which In-Stat will report, comments: 'By combining information and services from DisplaySearch and In-Stat, we will be able to offer the industry a complete view of the digital world, including analysis of how digital content is affecting the evolving hardware market.'

Kirstein says his team is 'delighted to become a part of The NPD Group family', adding: 'As part of The NPD Group's Analyst Services we will be better able to serve our clients on a global basis, as well as leverage NPD's complementary market information and scale.'

Web sites are at www.npd.com , www.displaysearch.com and www.in-stat.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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