IHS Completes Deal to Acquire DisplaySearch, a Leader in Display Technology Research, and Solarbuzz, of Fast-Growing Solar Market
ENGLEWOOD, Colo. (November 10, 2014) – IHS Inc. (NYSE: IHS), a leading global source of critical information and insight, today announced it has completed its acquisition of the DisplaySearch and Solarbuzz businesses of The NPD Group, Inc. IHS first announced its intent to acquire these businesses on Oct. 28. The closing occurred on November 6, 2014.
DisplaySearch is a strong player in conducting global primary research in display technology. It provides display market forecasting services, advisory solutions and events to the world’s top display value chain players. DisplaySearch broadens the Asia-based primary research capability of IHS and bolsters its capabilities for displays research and analytics in the U.S., China, Japan, South Korea and Taiwan. DisplaySearch also adds strong sales experience to IHS in the displays category.
Solarbuzz is a provider of market intelligence, research and forecasting for the solar industry, with a focus on the photovoltaic supply chain. The acquisition of Solarbuzz will help IHS develop new offerings in the fast-growing solar market.
Together, these two businesses will position IHS as a leading global provider of displays research and as a key provider of solar market intelligence. It will enable IHS to offer a uniquely powerful view of the end-to-end display supply chain, from chemicals through semiconductors to displays, and then on through TVs, phones and mobile devices to operator platforms and content.
The DisplaySearch and Solarbuzz teams currently total nearly 70 professionals in six office locations: Austin, TX; Santa Clara, CA; Seoul; Shanghai; Taipei; and Tokyo. More than half of these experts are based in Asia, many in the Greater China market. A small number of colleagues are also based in the United Kingdom.
About IHS (www.ihs.com)
IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs more than 8,000 people in 31 countries around the world.
IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners. © 2014 IHS Inc. All rights reserved.
About NPD Group (www.npd.com)
The NPD Group provides global information to drive better business decisions. By combining unique data assets with unmatched industry expertise, we help our clients track their markets, understand consumers, and drive profitable growth. Sectors covered include automotive, beauty, consumer electronics, entertainment, fashion, food / foodservice, home, luxury, mobile, office supplies, sports, technology, toys, and video games. For more information, visit npd.com and npdgroupblog.com. Follow us on Twitter:@npdgroup.