M-Brain Buys Global Intelligence Alliance

In Finland, competitive intelligence company M-Brain has purchased marketing intelligence and advisory group Global Intelligence Alliance (GIA) from investment firm CapMan and a group of GIA's management and shareholders. Terms of the deal were not disclosed.

M-Brain offers a combination of proprietary big data technology and consultancy, while GIA provides customized solutions ranging from outsourced market monitoring services and software, to strategic analysis and advisory services.

The two firms' solutions will now be merged, and the combined entity will have offices in twelve countries with approximately 450 employees. M-Brain's Executive Chairman Kim Nyberg says the deal will strengthen his firm's international position, particularly in Asia and the Americas, as well as in Europe and the Nordics.

Markko Vaarnas, CEO and co-founder of GIA adds: 'With M-Brain's market monitoring services and related technologies, we are able to offer our clients an unparalleled spectrum of market intelligence content services, software products and advisory. Together our footprint will be even more global and we get a fast-track opportunity to bring our concept to the M- Brain geographies where we have not yet operated.'

Web sites: www.m-brain.com and www.globalintelligence.com .