Gartner provides research and analysis on the information technology industry – it will acquire Boston-based AMR Research in an all cash deal valued at $64 million. Gartner says the purchase will expand its research offerings, as well as adding consulting and events expertise.
AMR is the market leader in research related to global supply chain management – a discipline that Gartner describes as inextricably linked to IT, as well as a growing issue for many organizations. Gartner is much the bigger company with around 1200 analysts and consultants - AMR has about 40 analysts, and a similar number of sales reps. Gartner says it will be able to cut costs as a result of the acquisition – it doesn’t expect the deal to have a material impact on its 2009 financial results, but it will add to revenue and earnings over time.
For WNPR, I'm Harriet Jones.