IHS Inc. (IHS) Closes Acquisition of Displaybank, CAPS, and Certain Hild Tech Assets
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IHS Inc. (NYSE: IHS), has closed three strategic acquisitions: Displaybank, a global authority in market research and consulting for the display industry; the Computer Assisted Product Selection (CAPS) electronic components database and tools business, including CAPS Expert, 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. Due to the timing of these transactions, there is no impact to the company’s first quarter 2012 financial results. IHS plans to update its full year 2012 financial guidance for the impact of these acquisitions on its previously announced earnings conference call being held on March 22, 2012.
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. Its products and services are relied upon by flat-panel display value chain senior executives and decision makers around the world. The company offers a strong primary research footprint in Asia, delivering extensive local and Asia-regional data collection related to flat-panel displays, and offers a growth opportunity for semiconductor-specific Asian primary research capabilities. Founded in 1999, Displaybank is headquartered in Seoul, Korea, with offices in the U.S., Japan, China and Taiwan.
The CAPS database is a leading 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.
CAPS data is essential for original equipment manufacturers or electronic manufacturing service product teams including design and component engineers, supply chain, manufacturing and quality assurance personnel. Users can easily find substitute and replacement options for obsolete parts or components that are in short supply, as well as access parametric data, life-cycle forecasts, and material data to choose the right components for their design.
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. Its products and services are relied upon by flat-panel display value chain senior executives and decision makers around the world. The company offers a strong primary research footprint in Asia, delivering extensive local and Asia-regional data collection related to flat-panel displays, and offers a growth opportunity for semiconductor-specific Asian primary research capabilities. Founded in 1999, Displaybank is headquartered in Seoul, Korea, with offices in the U.S., Japan, China and Taiwan.
The CAPS database is a leading 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.
CAPS data is essential for original equipment manufacturers or electronic manufacturing service product teams including design and component engineers, supply chain, manufacturing and quality assurance personnel. Users can easily find substitute and replacement options for obsolete parts or components that are in short supply, as well as access parametric data, life-cycle forecasts, and material data to choose the right components for their design.
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