IHS Buys Comms Tech Research Specialist Infonetics

US-based information and analytics firm IHS has acquired Infonetics Research, which specializes in research for the global communications technology market. Terms of the deal were not disclosed.

Based in Silicon Valley, with an office in Boston and a presence in Europe and Asia, Infonetics provides market intelligence on equipment, software and services to clients in more than twenty countries. Its intelligence services span 21 markets across the information and communications technology (ICT) space, including cybersecurity, core and transport networking, broadband, mobile, digital TV, data center, cloud and others.

IHS says combined with its other recent acquisitions the buy gives it a global view of the ICT supply chain, and will allow it to establish a 'strong presence' in the ICT arena. Infonetics' 46 employees will join IHS, including four members of the company's founding family.

Scott Key (pictured), President & CEO of IHS, comments: 'Infonetics' focus on the telecoms and IT markets is a good fit with other IHS Technology products and services. Clearly, the acquisition represents an excellent match for us as we advance our capabilities in the growing sector for ICT products and services.'

Web sites: www.ihs.com and www.infonetics.com .