IHS Not Pursuing Acquisition of Solera, Says Chairman and CEO Jerre Stead

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- IHS Inc. (NYSE: IHS), the leading global source of information and analytics, today reported results for the third quarter ended August 31, 2015. During the earnings call with analysts, IHS Chairman and CEO Jerre Stead responded to speculation about IHS acquiring Solera.

Mr. Stead said: “Our normal practice is to not comment on market rumors or speculation and I have only done so one other time. However, since the recent speculation is causing uncertainty for shareholders I feel it appropriate to comment that we are not pursuing the acquisition of Solera. We will not be commenting further on this topic.”

About IHS Inc. (www.ihs.com)

IHS Inc. (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 150 countries 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 is committed to sustainable, profitable growth and employs about 8,800 people in 32 countries around the world.

IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners.© 2015 IHS Inc. All rights reserved.

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IHS Inc.
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Ed Mattix, +1 303-397-2467
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Source: IHS Inc.

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