Tuesday, September 7, 2010
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David Pendery, +1 303-397-2468
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Andy Schulz, +1 303-397-2969
ENGLEWOOD, Colo. (September 7, 2010) – IHS Inc. (NYSE: IHS), a leading global source of critical information and insight, today announced it has acquired assets from the chemical and energy portfolio of Access Intelligence LLC, a leading business-to-business information company owned by private equity investment firm Veronis Suhler Stevenson. These interconnected chemical and energy assets will extend the breadth of information available for current IHS energy customers and support the development of additional products and services for a broad range of industries along the supply chain.
“These complimentary and primarily subscription-based assets consist of globally respected, leading brands that form a core portfolio of research, analysis, information and intelligence for the growing chemical and energy markets,” said IHS Chairman and Chief Executive Officer Jerre Stead. “This acquisition will help IHS leverage its extensive energy and economic analysis assets within the chemical industry and become a key building block for establishing IHS as a leading chemical industry information provider.”
“The chemical industry is directly aligned with IHS capabilities in energy, environment and supply chain where IHS solutions are central to strategic and operating decisions made daily and on a global basis,” Stead added. “In particular, chemicals companies are coming under ever-increasing requirements for compliance to global emissions and tracking regulations, and these new assets offer the potential for IHS to provide even more enhanced services for our customers in the environment arena.”
The acquired assets from Access Intelligence’s chemical and energy portfolio are built around three main lines of business: subscription advisory services and reports, news analysis and information, and to a lesser extent events and consulting. Key products and services in the portfolio include:
- SRI Consulting – market intelligence and technical analysis for the chemical industry
- Chemical Week – e-subscription business and market-leading source for news and analysis of the chemical, petrochemical and specialty chemical markets
- Conferences & Events – executive conferences, seminars and roundtable events in the leading countries in the chemical business
- Harriman Chemsult – market information and price discovery service for the chlor-alkali and vinyl chain sectors of the chemical industry
- The Energy Daily – acknowledged leader in deep daily news and analysis, with comprehensive coverage of business, government and regulatory agencies, and trends.
“The complexity and size of the chemicals market is increasingly driving the need for accurate and deep information and analytics to help market participants react to a changing landscape,” said Access Intelligence President and Chief Executive Officer Don Pazour. “Integrating the Access Intelligence chemical and energy assets with the IHS slate of information and insight products and services will enhance the robustness of the IHS offerings to the large chemicals sector and its key functional areas.”
Access Intelligence's chemical and energy customers are found throughout the chemical industry, including senior executives and decision makers at producers, buyers distributers & suppliers, traders, logistics & shipping companies, banks & finance institutions, associations and government bodies.
Financial terms of the acquisition were not disclosed. Additional information about the transaction will be provided on the previously announced IHS third quarter earnings conference call on Wednesday, September 22, 2010.
About IHS ( www.ihs.com )
IHS (NYSE: IHS) is a leading source of information and insight in pivotal areas that shape today’s business landscape: energy, economics, geopolitical risk, sustainability and supply chain management. Businesses and governments 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 employs more than 4,200 people in more than 30 countries around the world.
About Access Intelligence ( www.accessintel.com )
Access Intelligence, a portfolio company of Veronis Suhler Stevenson, is a b-to-b media and information company headquartered in Rockville, Md., serving the energy, healthcare management, communications and aerospace markets. Leading brands include, Defense Daily, CableFAX Daily, and Aircraft Value News newsletters; codingbooks.com, AviationToday, Cable360, PRnewsonline and minonline Web sites; Power, Chemical Engineering, Via Satellite and Case-in-Point magazines; and Electric Power, RETECH, , Energy Ocean, Satellite 2011 and Offshore Communications tradeshows. Access Intelligence also produces a suite of medical coding books, e-learning, conferences and online directories for the healthcare market.
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.