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January 03, 2013
451 Group Acquires Yankee Group
NEW YORK, N.Y., Jan. 3 – The 451 Group, parent company of 451 Research & Uptime Institute, today announced their acquisition of Yankee Group, the preeminent research, data and advisory firm equipping enterprises to profit in a mobile world. With Yankee Group, the 451 Group sees an exciting opportunity to extend The 451 Group's operating philosophy of long-term, sustainable, profitable and global growth – and, most importantly, to provide an expanding and richer array of products and services to their clients.
Founded in 1970 by Howard Anderson, Yankee Group emerged as the first independent information technology market research and advisory firm focused on the telecommunications industry. Throughout its history, Yankee Group maintained and extended its reputation for independent thought leadership in emerging IT and communications technologies. Today, with more analysts covering the mobility market than any other analyst firm, Yankee Group is the thought leader in providing insight and data for a mobility revolution that it forecasts to be a $3 trillion market opportunity by 2016.
Since 2010, Yankee Group has been led by CEO Terry Waters. Post-acquisition, Terry will continue as CEO of Yankee Group, reporting 451's Chairman and CEO, Martin V. McCarthy. Terry’s team will join the 200+ professionals at The 451 Group, and Yankee Group will operate as an independent division of The 451 Group. For over four decades, the insights of Yankee Group have served the communications industry and, more recently, the emerging mobility marketplace. Mobility is a huge driver of innovation, and it substantially impacts the evolving enterprise and broader consumer IT marketplace we serve, analyze and provide insight on for our 451 Research clients. Having Yankee Group insight and data will also inform 451's focus on the evolution of Digital Infrastructure and further their thought leadership on its future expansion and strategy.
In the coming weeks and months, Yankee Group CEO Terry Waters and 451 Group CEO Martin McCarthy will share developments as they complete the post-acquisition activities and begin to realize the benefits of having Yankee Group insight and data as part of The 451 Group.
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Source: The 451 Group
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