IHS acquires Jane's Information Group
IHS, a global provider of critical technical information, decision-support tools and related services, announced recently that it had acquired Jane's Information Group (Jane's), a leading provider of information to the defence industry and governments. The purchase price was US$ 183.5 million (R1.3 billion).
IHS and Jane's are both global operators with long-standing customer relationships in aerospace, defence and government. The acquisition enhances the position of IHS in these industries, the company's second-largest industry vertical after energy. IHS is a leading provider of military and aerospace parts, standards, and regulatory databases, and related decision-support tools and services. According to a press statement, the combination of these IHS assets with the information, insight, analysis and brand of Jane's allows IHS to deliver an “unparalleled” suite of products and services.
Jane's, the publishers of Jane's Defence Weekly, Jane's Fighting Ships and Jane's All the World's Aircraft, was founded in Surrey in the UK in 1898 and is a world-leading provider and publisher of information and analysis on global defence and security. Governments, militaries, business leaders and academics in more than 180 countries use Jane's for timely and insightful information on threat and security issues. Jane's has offices in seven locations worldwide and an international network of researchers, correspondents and journalists, who provide the depth and quality of Jane's editorial expertise and independence.
IHS is a leading provider of critical information, products, solutions and services to governments and corporations in more than 100 countries. IHS has been in business for nearly 50 years and maintains comprehensive databases employing proprietary processes and technology to collect, manage and deliver a vast inventory of information in the aerospace, defence, energy, electronics, construction and automotive industries.
IHS has been represented in South Africa for many years through its subsidiary, IHS South Africa.
Posted on 3 Jul 2007 17:35