In May 2019, Informa, the International exhibitions, events, information services and scholarly publishing group, made an agreement with information services group, IHS Markit, that sees Informa’s Agribusiness Intelligence Portfolio exchanged for IHS Markit’s leading portfolio of TMT brands, further enhancing Informa Tech.
As a result, from August 1st, 2019, the majority of IHS Markit’s Technology portfolio (excluding Energy and Power Technology, Automotive Technology, and Teardowns & Cost Benchmarking) has been acquired by Informa Tech, joining Informa’s other TMT research brands including Ovum, Tractica and Heavy Reading. “This agreement is very positive for both IHS Markit and Informa, increasing the focus of each company on core markets where it has particular strengths and a long-term commitment to invest and grow,” said Lance Uggla, CEO IHS Markit and Stephen A.Carter, Group Chief Executive, Informa PLC.
The agreement forms part of Informa’s PPM programme designed to focus the Group on brands and customer markets with the greatest opportunities for growth and expansion. It significantly strengthens Informa’s market position in Telecoms Media & Technology, whilst providing an attractive new home for the Group’s specialist information brands within the Agribusiness Intelligence Portfolio, with an owner committed to investing and expanding in this market over the long-term.
The expansion of Informa Tech includes a portfolio of B2B brands providing specialist research and data to customers through a range of subscription products and consulting. It extends and enhances Informa’s international reach through its strong presence in Asia and North America, and further strengthens its position in key sub-sectors of the TMT market, most notably in Information Technology, Communications Technology, Security Technology and Emerging Transformational Technology
