Accuris is an information services provider.

History

IHS

Information Handling Services (IHS) "was founded in 1959 as Information Handling Services to provide information for aerospace engineers through microfilm databases". It subsequently grew to incorporate other companies in the information services sector such as

Cambridge Energy Research Associates Cambridge Energy Research Associates (CERA) was a consulting company in the United States that specializes in advising governments and private companies on energy markets, geopolitics, industry trends, and strategy. CERA has research and consulting ...

Global Insight Global Insight is an economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics fo ...

Jane's Information Group Janes is a global open-source intelligence company specialising in military, national security, aerospace and transport topics, whose name derives from British author Fred T. Jane. History Jane's Information Group was founded in 1898 by Fred T. ...

, Prime Publications Limited, and John S. Herold, Inc. In 2008, IHS acquired Fairplay, a firm that assigns IMO identification numbers for ships, companies and registered owners. In 2016,

Englewood, Colorado The City of Englewood is a home rule municipality located in Arapahoe County, Colorado, United States. The town population was 33,659 at the 2020 United States census. Englewood is a part of the Denver–Aurora–Lakewood, CO Metropolitan S ...

-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.

Markit

Markit was founded in 2003 as Mark-it Partners, a financial data provider for daily credit default swap pricing. The company grew via

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

s and by acquiring other companies, merging with IHS in 2016.

S&P Global

On 30 November 2020,

S&P Global S&P Global Inc. (prior to 2016, McGraw Hill Financial, Inc., and prior to 2013, The McGraw–Hill Companies, Inc.) is an American publicly traded corporation headquartered in Manhattan, New York City. Its primary areas of business are financia ...

and IHS Markit released information about a definitive all-stock deal for around $44 billion, a deal which would be the largest of the year globally, according to Dealogic data. On September 9, 2021,

GlobalData GlobalData Plc is a data analytics and consulting company, headquartered in London, England. The company was established in 1999, and, under different names, has been listed on the London Stock Exchange's Alternative Investment Market (AIM) since ...

announced its purchase of the Pricing and Reimbursement dataset from IHS Markit. In December 2021, the IHS Markit announced its intention to sell Base Chemicals to

News Corp The second and current incarnation of News Corporation, doing business as News Corp, is an American mass media and publishing company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed on ...

for a reported $295 million as part of an effort to alleviate concerns about competitive effects. The purchase by S&P Global was finalized on 28 February 2022.

IHS Markit acquisitions

*10 October 1996: IHS Group purchased oil exploration company

Petroconsultants Petroconsultants was an oil and gas exploration and scouting information company formed in 1968 in Geneva to take over the activities of Harry Wassall and Associates, which was founded in Havana in 1956. Petroconsultants collected information about ...

following the death of its founder and president Harry Wassall in November 1995. This acquisition was later followed in January 1998 by the IHS Group acquiring the North American oil exploration company Petroleum Information / Dwights LLC. * 18 September 2008: IHS Inc. agreed to purchase the economics forecasting organization

for $200 million. * 10 June 2013: R.L. Polk & Company, a provider of auto-industry data including used-car history company Carfax, for $1.4 billion. * 26 September 2017: automotiveMastermind Inc., a provider of

predictive analytics Predictive analytics encompasses a variety of Statistics, statistical techniques from data mining, Predictive modelling, predictive modeling, and machine learning that analyze current and historical facts to make predictions about future or other ...

and marketing automation for the automotive industry. * 26 September 2017: Macroeconomic Advisers, an independent research firm forecasting the US economy. * 3 August 2018: Ipreo, software solutions and data provider in global capital markets. * 10 October 2019: Novation Analytics, a specialist provider of software solutions, data analysis and advisory services. * 2019: Acquired

Informa Informa plc is a British publishing, business intelligence, and exhibitions group based in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has offices in 30 countries and around 12,000 ...

's Agriculture Intelligence in exchange for most of IHS Markit's Technology, Media and Telecoms division (including

Screen Digest Screen Digest Ltd was a company providing business intelligence, research and analysis on the global media markets based in London, United Kingdom, that has grown out of a monthly journal of that name that was founded in 1971. It was acquired by t ...

). * 1 May 2020: Catena Technologies Pte Ltd, a global regulatory trade reporting firm based in Singapore.

Accuris

In 2023, S&P Global announced that it sold its engineering division, including the original IHS, to

KKR & Co KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global private equity, private-equity and investment company. , the firm had completed private-equity investments in portfolio companies with approximately $710 bil ...

. The business was renamed Accuris.https://investor.spglobal.com/news-releases/news-details/2023/SP-Global-Completes-Sale-of-Engineering-Solutions-Business/default.aspx

References

External links

* {{DEFAULTSORT:Ihs Markit Companies formerly listed on the New York Stock Exchange Publishing companies established in 1959 Publishing companies of the United States British companies established in 1959 Publishing companies based in London 2022 mergers and acquisitions S&P Global