The analyst community was struck with a bit of consolidation today as The 451 Group announced it has acquired Yankee Group for an undisclosed sum. The 451 Group is owned by 451 Research and Uptime Institute, while Yankee Group was owned by private equity firm Alta Communications.
Yankee Group has been a staple in the telecom analyst community, with a number of current industry analysts listing the company on their resumes. Following the acquisition, Yankee Group will operate as an independent division of The 451 Group “to provide thought leadership, advisory, data and certification services on the evolution of digital Infrastructure.” Current Yankee Group CEO Terry Waters will continue in his position reporting to The 451 Group Chairman and CEO Martin McCarthy.
“We are delighted to welcome the Yankee Group team to join me and the 200+ current professionals here at The 451 Group,” noted McCarthy. “For over four decades, the insights of Yankee Group have served the telecommunications industry and, more recently, the emergent mobility marketplace. Mobility is a huge driver of innovation in business and technology markets globally. Its impact in the evolving enterprise and broader consumer IT marketplaces will fundamentally shape the future expansion and strategy of Digital Infrastructure. With Yankee Group, we see an exciting opportunity to significantly extend The 451 Group’s focus on the evolution of Digital Infrastructure. Yankee Group supports our operating philosophy of long-term, sustainable, profitable, global growth.”
Yankee Group has a bit of history in changing ownership, having been acquired in 1996 by Primark for $34 million, then being acquired by Reuters in 2000 for $72.5 million.
Bored? Why not follow me on Twitter?
