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NPD Group Buys DisplaySearch
US retail specialist the NPD Group has acquired DisplaySearch - a provider of MR, analysis and conferences for the fast growing flat-panel display industry. The companies aim to combine their strengths to offer deeper insights into the market. DisplaySearch will continue to operate independently as an NPD Group company.
NPD's data and tools will be used in conjunction with DisplaySearch delivery and supply chain information to give clients 'end-to-end coverage' of the market. DisplaySearch will continue to run conferences to share information and insights.
Leon Shapiro, Group President for NPD, describes the purchase as an important step in the growth of his business. 'We're not only adding depth in a core vertical,' he says, 'but we are also expanding into new markets and strengthening our analytics'.
Ross Young, CEO of DisplaySearch, believes the move will benefit his customers, as NPD's expertise will help to provide 'maximum visibility on all layers of the supply chain, resulting in even more accurate reporting and forecasts'.
The NPD Group currently provides research and information in the following sectors: apparel, appliances, automotive, beauty, consumer electronics, food and beverage, foodservice, footwear, home improvement, housewares, imaging, information technology, music, software, travel, toys, video games, and wireless. The company is online at www.npd.com
DisplaySearch is headquartered in Austin, Texas, with regional operations in Chicago, Hong Kong, Houston, Kyoto, San Diego, San Jose, Seoul, Shenzhen, Taipei and Tokyo. It recently announced its growing expansion in Asia, with the appointment of new Directors in Korea and Taiwan (www.mrweb.com/drno/news4624.htm ) The company is online at www.displaysearch.com.
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