IHS Inc. has closed three acquisitions:
- Displaybank, a market research and consulting provider for the display industry,
- the Computer Assisted Product Selection (CAPS) electronic components database and tools business from PartMiner Worldwide,
- and the digital oil and gas pipeline and infrastructure information business from Hild Technology Services.
The combined purchase price of the acquisitions is approximately $45 million.
Displaybank delivers a portfolio of products and services focused on subscription-based market and planning advisory services, consulting-based business advisory services, conferences and events serving the global flat-panel display industry. Founded in 1999, Displaybank is headquartered in Seoul, Korea, with offices in the U.S., Japan, China and Taiwan.
“The acquisition of Displaybank will help to solidify our position as a world-leading provider of technology, media and telecommunications information and analysis,” said IHS Chairman and Chief Executive Officer Jerre Stead. “With its base of operations in Korea, Displaybank will also deepen our Asia Pacific research and analysis capabilities – an area that’s critical to our company’s growth.”
The CAPS database is a source for identifying specific electronic components based on engineering specifications. It combines information on more than 265 million physical devices, along with intuitive tools for integration into engineering design processes and applications. It includes comprehensive and current information for electronic and electro-mechanical components to support engineering selection and procurement decisions for military and commercial applications.
IHS President and Chief Operating Officer Scott Key said: “The acquisition of the CAPS family of products will significantly enhance our existing electronic parts information business to provide greater breadth and depth of content to our global customers. The CAPS content coverage, selection and list management tools, sourcing relationships and integration framework, along with the subscription nature of the CAPS business, makes it an excellent strategic fit for IHS as well.
Hild Technology’s digital oil and gas pipeline and infrastructure information business meets a need for energy producers and refiners in North America, offering pipeline infrastructure information for upstream strategic planners, gas marketers and refiners. The information is updated daily and available on a national, state and county level, and is delivered via shapefiles, geodatabase and secure data exchange, along with 11 years of historical data.
According to Key, the acquisition of Hild’s oil and gas pipeline and infrastructure information business “will help IHS meet a critical need for energy producers and refiners in North America by integrating it into the existing IHS Midstream Essentials product and creating an even more robust offering that adds tremendous value for our customers.”
USA, Englewood, CO & Korea, Seoul
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