Gartner buys AMR Research in bid to boost supply chain consulting exposure
Market research firm Gartner will acquire AMR Research in bid to boost supply chain consulting exposure.
Gartner Inc., which provides research and analysis on the global information technology industry, said it would acquire AMR Research Inc., a supply chain research and advisory firm, for approximately $64 million in cash. The deal is set to close by month's end.
Gartner said the acquisition is expected to expand its suite of research offerings and also complement its consulting and events businesses. It added that the integration of AMR's 40 research analysts and 45 sales executives should enhance Gartner's ability to "further penetrate the vast market opportunity for syndicated research."
Gartner CEO Gene Hall said in a statement that AMR is the "market leader for research related to supply chain management, which is inextricably linked to IT and has become a central and growing issue for many organizations. We expect the acquisition to give us immediate presence in this market and the ability to generate substantial synergies by selling AMR Research products to Gartner clients and Gartner products to AMR Research clients."
"Gartner's scale and worldwide distribution will enable AMR Research to sell its world-class products to a much larger client base than it ever could as an independent company." AMR CEO Tony Friscia said in the statement.
About the Author
Executive Editor - News
Mark Solomon joined DC VELOCITY as senior editor in August 2008, and was promoted to his current position on January 1, 2015. He has spent more than 30 years in the transportation, logistics and supply chain management fields as a journalist and public relations professional. From 1989 to 1994, he worked in Washington as a reporter for the Journal of Commerce, covering the aviation and trucking industries, the Department of Transportation, Congress and the U.S. Supreme Court. Prior to that, he worked for Traffic World for seven years in a similar role. From 1994 to 2008, Mr. Solomon ran Media-Based Solutions, a public relations firm based in Atlanta. He graduated in 1978 with a B.A. in journalism from The American University in Washington, D.C.
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