Global Insight Gobbled Up by IHS

Wade Roush9/19/08

Lexington, MA-based economic forecasting firm Global Insight said yesterday that it will be acquired by IHS (NYSE: IHS) of Englewood, CO. Global Insight’s 700 employees, including 325 analysts, provide business analyses and risk assessments for regions around the world to industrial, financial, and government clients, while IHS specializes in analysis energy, security, environemental, and product lifecycle issues. The companies did not disclose the terms of the deal.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.