ENGLEWOOD, Colo.--(BUSINESS WIRE)--IHS Inc. (NYSE: IHS), the leading global source of information and analysis, announced today that it has acquired Displaybank, a global authority in market research and consulting for the display industry. The transaction represents the company's first acquisition of an Asia Pacific-based company.
"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."
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.
About IHS (www.ihs.com)
IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today's business landscape, including energy and power; design and supply chain; defense, risk and security; environmental, health and safety (EHS) and sustainability; country and industry forecasting; and commodities, pricing and cost. Businesses and governments in more than 165 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 employs more than 5,500 people in more than 30 countries around the world.
About Displaybank (www.displaybank.com)
Displaybank is a global authority in market research and consulting for the electronic display industry. Headquartered in Seoul, Korea, Displaybank has solidified its position as the global leader in the display industry and solar market research by offering analysis based on rapid and accurate information sourcing in order to provide insights into the industry's future. Displaybank analysts are located throughout Korea, Japan, China, Taiwan, and the U.S., and have been providing analysis in technological developments, market trends and forecasts for more than 10 years.
IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners. © 2012 IHS Inc. All rights reserved.
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