IHS acquires automotive forecasting group CSM Worldwide for about $27 million

By AP
Wednesday, March 17, 2010

IHS buys auto forecaster CSM Worldwide for $27M

ENGLEWOOD, Colo. — IHS Inc., a provider of energy and security information to governments and large companies, said Wednesday it is acquiring automotive forecasting company CSM Worldwide for about $27 million.

CSM Worldwide provides vehicle production and sales forecasts and other research to car makers, suppliers and financial organizations.

IHS has its own automotive research division and said in a statement that acquiring CSM will help it expand that service.

Further financial details of the transaction were not disclosed.

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :