IHS Markit Ltd was an information services provider that completed a
merger with
S&P Global in 2022.[6][2] Headquartered in
London, it was formed in 2016 with the merger of IHS Inc. and
Markit Ltd.[7][8][9]
History
IHS
Information Handling Services (IHS)[10] "was founded in 1959 as Information Handling Services to provide information for aerospace engineers through microfilm databases".[11]
In 2016,
Englewood, Colorado-based IHS and London-based Markit merged. Jerre Stead was chief executive of the pre-merger IHS Inc. from 2006 to 2013 and from 2015 until the merger with Markit.[11]
On 30 November 2020,
S&P Global and IHS Markit released information about a definitive all-stock deal[clarification needed] for around $44 billion, a deal which would be the largest of the year globally, according to
Dealogic data.[21][22] On September 9, 2021,
GlobalData announced its purchase of the Pricing and Reimbursement dataset from IHS Markit.[23] In December 2021, the IHS Markit announced its intention to sell Base Chemicals to
News Corp for a reported $295 million as part of an effort to alleviate concerns about competitive effects.[24] The purchase by S&P Global was finalized on 28 February 2022.[25]
IHS Markit acquisitions
18 September 2008: IHS Inc. agreed to purchase the economics forecasting organization
Global Insight for $200 million.[26][27]
10 June 2013:
R.L. Polk & Company, a provider of auto-industry data including used-car history company Carfax, for $1.4 billion.[28]
26 September 2017: automotiveMastermind Inc., a provider of predictive analytics and marketing automation for the automotive industry.[29]
26 September 2017: Macroeconomic Advisers, an independent research firm forecasting the US economy.[30]
3 August 2018: Ipreo, software solutions and data provider in global capital markets.[31][32]
10 October 2019: Novation Analytics, a specialist provider of software solutions, data analysis and advisory services.[33][34]
2019: Acquired
Informa's Agriculture Intelligence in exchange for most of IHS Markit's Technology, Media and Telecoms division (including
Screen Digest).[35]
1 May 2020: Catena Technologies Pte Ltd, a global regulatory trade reporting firm based in Singapore.
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