IHS Acquires iSuppli For $95 Million

IHS Inc. (NYSE:IHS), a business information agency, has acquired iSuppli Corporation for $95 million. IHS will also gain ownership of Screen Digest, a technology research agency that iSuppli acquired this past June. “Taking advantage of existing IHS expertise, the addition of iSuppli and Screen Digest will help us develop new products and services for a variety of the vertical markets we serve,” said IHS CEO Jerre Stead. iSuppli employs about 240 people across 14 offices worldwide.