Global Insight to be Acquired by IHS

US analysis firm Global Insight is to be acquired by HIS, which provides information and insight on the energy and security markets, the environment and product lifecycles.

Global Insight provides economic and financial information on countries, regions, and industries, using a combination of expertise, models, data and software. It employs more than 675 staff at its 25 offices across North and South America, Europe, Africa, the Middle East and Asia; and has revenues in excess of $105m.

IHS intends to build an integrated research and operations capability using the resources of its new buy and its other insight brands which include Cambridge Energy Research Associates (CERA), Jane's Information Group, and IHS Herold.

Global Insight Chairman, President, and CEO Dr Joseph Kasputys will become Chairman Emeritus of Global Insight and will also join IHS as Chairman of the company's newly formed Insight Advisory Board. IHS SVP Scott Key will become President and COO of Global Insight.

'Global Insight and IHS share a common commitment to excellence in providing critical information, expert analyses, and insight to our clients around the world,' stated Kasputys.

IHS chairman and CEO Jerre Stead added that the acquisition provides an opportunity to enhance the value of its products and services by adding economic-focused offerings to its services.

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