IHS Acquires Market Research Firm IMS Research

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IHS Inc., a global provider of information and analytics, has acquired IMS Research, an independent provider of market research and consultancy to the global electronics industry, for approximately $46 million.

Among other business units, IMS Research operates PV Market Research, a dedicated market research unit focusing on the PV industry. Ash Sharma, senior research director, leads the PV research group.

IMS Research's overall products and services include syndicated market studies, custom research, consultancy services and events. The company was founded in 1989 and is headquartered in Wellingborough, U.K.

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