ENGLEWOOD, Colo. (February 10, 2010) - IHS Inc. (NYSE: IHS), a leading global source of critical information and insight, today announced the acquisition of Emerging Energy Research, a leading advisory firm whose mission is to help clients understand, leverage and exploit the technological, regulatory and competitive trends in the global emerging energy sector. The purchase price is approximately $18 million.
"Emerging Energy Research is a high-growth insight leader whose products and services will significantly enhance the existing IHS energy and environment business offerings," said IHS Chairman and Chief Executive Officer Jerre Stead. "This acquisition will help strengthen our leadership position in the rapidly evolving climate change and alternative energy information market, and provide even greater breadth and depth of information and insight for our global customers."
Emerging Energy Research draws on core competencies in market and competitive analysis, business intelligence, strategy assessment and global reach to offer clients advisory services, consulting services and market studies about emerging technologies in global energy markets, including wind, solar, geothermal, biomass, ocean energy, nuclear, carbon capture and storage, and hydrogen. The company is dedicated to tracking market segments on the cusp of change in the energy industry - those that are the fastest growing, the fastest changing and most impacted by technology advances, regulatory trends, market trends and industry restructuring. Emerging Energy Research delivers research-based advice, support and analysis from its international team of research experts, industry analysts and strategy consultants to executives and key decision-makers for customers spanning three core market segments: utilities, power developers/independent power producers and manufacturing (clean technology supply chain). "Customers rely on Emerging Energy Research to provide informed, objective views on market segments across the alternative energy industry," said Emerging Energy Research President and Founder William Ambrose. "We are excited to join IHS, which has firmly established itself as the leader in helping companies navigate the complex energy landscape and make critical business decisions." IHS is unique in the marketplace in its ability to support strategic decision-making through a wide range of critical information, insight and decision-support tools for the environment and clean energy industries. The company's economic, financial and political coverage on markets, companies, transactions, geopolitics and industry trends helps customers reduce operating costs, increase productivity and effectively evaluate investment opportunities. "Emerging Energy Research's innovative offerings strongly complement our integrative analysis of climate change policy and alternative energy technologies, and our alternative energy company-level analysis," added Stead. "We are very excited about the future prospects for this emerging business and the added value it will bring to our insight business and our global customers." The acquisition is an important fit at the intersection of two important domains for IHS, energy and environment. It will also strengthen and grow IHS capabilities and offerings in the environment space, which began with the acquisitions of EnvironMax, Dolphin Software and Environmental Software Providers in 2007 and 2008, and continued with the acquisition of Environmental Support Solutions in 2009. Emerging Energy Research was established in 2003 and has offices in Cambridge, Mass., and Barcelona, Spain. About IHS (www.ihs.com) IHS (NYSE: IHS) is a leading global source of critical information and insight, dedicated to providing the most complete and trusted information and expertise. IHS product and service solutions span four areas of information that encompass the most important concerns facing global business today: Energy, Product Lifecycle, Security, and Environment, all supported by Macroeconomics. By focusing on customers first, IHS enables innovative and successful decision-making for customers ranging from governments and multinational companies to smaller companies and technical professionals in more than 180 countries. IHS has been in business since 1959 and employs about 4,100 people in 28 countries. About Emerging Energy Research (www.emerging-energy.com) Emerging Energy Research is the leading provider of analysis on clean and renewable energy markets. With offices in Cambridge, Massachusetts and Barcelona, Spain, Emerging Energy Research provides strategic advice to over 1,000 stakeholders across the emerging energy industry, providing market research, support, and analysis to executives and decision-makers at utilities, developers, independent power producers, technology promoters, manufacturers, and investment companies. IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2010 IHS Inc. All rights reserved.
Emerging Energy Research draws on core competencies in market and competitive analysis, business intelligence, strategy assessment and global reach to offer clients advisory services, consulting services and market studies about emerging technologies in global energy markets, including wind, solar, geothermal, biomass, ocean energy, nuclear, carbon capture and storage, and hydrogen. The company is dedicated to tracking market segments on the cusp of change in the energy industry - those that are the fastest growing, the fastest changing and most impacted by technology advances, regulatory trends, market trends and industry restructuring.
Emerging Energy Research delivers research-based advice, support and analysis from its international team of research experts, industry analysts and strategy consultants to executives and key decision-makers for customers spanning three core market segments: utilities, power developers/independent power producers and manufacturing (clean technology supply chain).
"Customers rely on Emerging Energy Research to provide informed, objective views on market segments across the alternative energy industry," said Emerging Energy Research President and Founder William Ambrose. "We are excited to join IHS, which has firmly established itself as the leader in helping companies navigate the complex energy landscape and make critical business decisions."
IHS is unique in the marketplace in its ability to support strategic decision-making through a wide range of critical information, insight and decision-support tools for the environment and clean energy industries. The company's economic, financial and political coverage on markets, companies, transactions, geopolitics and industry trends helps customers reduce operating costs, increase productivity and effectively evaluate investment opportunities.
"Emerging Energy Research's innovative offerings strongly complement our integrative analysis of climate change policy and alternative energy technologies, and our alternative energy company-level analysis," added Stead. "We are very excited about the future prospects for this emerging business and the added value it will bring to our insight business and our global customers."
The acquisition is an important fit at the intersection of two important domains for IHS, energy and environment. It will also strengthen and grow IHS capabilities and offerings in the environment space, which began with the acquisitions of EnvironMax, Dolphin Software and Environmental Software Providers in 2007 and 2008, and continued with the acquisition of Environmental Support Solutions in 2009.
Emerging Energy Research was established in 2003 and has offices in Cambridge, Mass., and Barcelona, Spain.
About IHS (www.ihs.com)
IHS (NYSE: IHS) is a leading global source of critical information and insight, dedicated to providing the most complete and trusted information and expertise. IHS product and service solutions span four areas of information that encompass the most important concerns facing global business today: Energy, Product Lifecycle, Security, and Environment, all supported by Macroeconomics. By focusing on customers first, IHS enables innovative and successful decision-making for customers ranging from governments and multinational companies to smaller companies and technical professionals in more than 180 countries. IHS has been in business since 1959 and employs about 4,100 people in 28 countries.
About Emerging Energy Research (www.emerging-energy.com)
Emerging Energy Research is the leading provider of analysis on clean and renewable energy markets. With offices in Cambridge, Massachusetts and Barcelona, Spain, Emerging Energy Research provides strategic advice to over 1,000 stakeholders across the emerging energy industry, providing market research, support, and analysis to executives and decision-makers at utilities, developers, independent power producers, technology promoters, manufacturers, and investment companies.
IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2010 IHS Inc. All rights reserved.