Englewood, Colo.–based risk analysis company IHS Inc. has completed three acquisitions for a total of about $45 million.
The buyouts include Displaybank, which provides market research and consulting services for the flat-panel display industry. That company is based in Seoul, Korea, and has offices in the U.S., Japan, China and Taiwan.
IHS Chairman and CEO Jerre Stead said in a statement that the transaction will expand the Englewood, Colo., company’s reach in the Asia Pacific region.
Another deal involves the Computer Assisted Product Selection electronic components database and tools business of PartMiner Worldwide. The database can help original equipment manufacturers and others find substitute and replacement options for obsolete parts or components in short supply.
“Combining the CAPS database with the existing IHS electronic components database will create the largest solution in the industry, both in terms of parts and manufacturing count, enabling us to deliver even greater value to our customers in this critical market,” President and Chief Operating Officer Scott Key said.
IHS is also acquiring Hild Technology Services’ digital oil and gas pipeline and infrastructure information business, which provides pipeline infrastructure information for strategic planners, gas marketers and refiners in North America.
IHS said the timing of the deals means that they will have no impact on its first-quarter financial results. In January IHS reported that its fourth-quarter net income fell on some one-time expenses, but its adjusted performance topped Wall Street’s expectations and revenue climbed 27 percent.
IHS plans to update its full-year outlook to account for the acquisitions on March 22.
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