Both the IMS Research and IHS teams have announced that they are very excited about the positive impact this acquisition will have on the value that they deliver to organisations.

According to IMS Research their products and services will continue uninterrupted as a result of the acquisition. In fact, with the expanded range of IHS resources – including market, technology, and supply chain expert insights, raw material forecasts, supplier and component databases, and decision support tools - the comany intends to deliver even greater value through expanded coverage and deeper analysis in the future. IMS believe that IHS is the only company uniquely positioned to offer an enhanced view of the end-to-end technology, media and telecommunications (TMT) value chain. The two companies have confirmed that they are committed to combining their collective strengths to deliver, integrated expertise in various industry sectors including mobile and wireless electronics, industrial automation, photovoltaics, and security electronics.

The acquisition should allow IMS to deliver enhanced and market-leading teardown analysis coupled with deep comprehension of value chain risk, cost, and complexity and unparalleled insights into equipment and component markets, evolving business models, and digital content consumption and distribution

IHS will combine the world-class analyst teams from IMS Research, the recent Displaybank acquisition, and the already-integrated IHS iSuppli and IHS Screen Digest products and services capabilities to enhance our TMT coverage.

“The acquisition of IMS Research will help us expand our products and services in the technology, media and telecommunications (TMT) value chain, and better position IHS to deliver a more robust product offering to our customers in the global technology marketplace,” said IHS Chairman and Chief Executive Officer Jerre Stead. “The annual delivery nature of the IMS Research business is also an excellent fit for our subscription-based model.”

Matthew Towers, founder and CEO of IMS Research, when talking about the acquisition said: "I would like to personally thank everyone for their business and support over the last 20 years, which has helped establish IMS Research as one of the premier market research providers to the TMT sector. We are looking forward to further strengthening our relationship in partnership with IHS, by continuing to deliver the highest value products and services. "

IMS Research was founded in 1989 and is headquartered in Wellingborough, U.K. The company employs more than 140 people in the U.K., U.S., China, Japan, South Korea and Taiwan.