The 451 Group, the corporate parent of 451 Research and Uptime Institute,
has acquired Yankee Group, the research, data and advisory firm,
from Alta Communications, a Boston-based private equity firm.
Yankee Group will operate as an independent division of The 451
Group. As such, Yankee Group will join the other divisions of The
451 Group - 451 Research and Uptime Institute - to provide thought
leadership, advisory, data and certification services on the evolution
of Digital Infrastructure.
on the acquisition, The 451 Group's Chairman and CEO Martin V McCarthy
said, "We are delighted to welcome the Yankee Group team to
join me and the 200+ current professionals here at The 451 Group.
For over four decades, the insights of Yankee Group have served
the telecommunications industry and, more recently, the emergent
mobility marketplace. Mobility is a huge driver of innovation in
business and technology markets globally.
impact in the evolving enterprise and broader consumer IT marketplaces
will fundamentally shape the future expansion and strategy of Digital
Infrastructure. With Yankee Group, we see an exciting opportunity
to significantly extend The 451 Group's focus on the evolution of
Digital Infrastructure. Yankee Group supports our operating philosophy
of long-term, sustainable, profitable, global growth."
2010, Yankee Group has been led by CEO Terry Waters. Post-acquisition,
Waters will continue as CEO of Yankee Group, reporting directly
to McCarthy, who will also serve as Yankee Group Chairman.
on the acquisition, Waters said, "Our joining The 451 Group
is an important milestone in the evolution of Yankee Group. Yankee
Group is uniquely positioned to lead the industry in navigating
the dynamics of the new mobile economy. The support and resources
of The 451 Group as a strategic owner will enable Yankee Group to
deepen our focus on key themes driving the mobile ecosystem - including
mobile money, mobile and connected devices, mobile applications
and cloud, mobile broadband and mobile leadership - and to dramatically
expand our new Mobile Advisory and Planning Services (MAPS) platform.
We are very excited to be joining The 451 Group family, and look
forward to continuing to provide actionable research and trusted
advice to our clients around the world."
in 1970 by Howard Anderson, Yankee Group emerged as the first independent
information technology market research and advisory firm focused
on the communications industry.
October 2012, Yankee Group launched its new Mobile Advisory and
Planning Services (MAPS) product family. MAPS is a revolutionary
research and advisory offering that combines the company's leading
market research with exclusive daily insights and weekly thematic
perspectives on the hot issues driving the mobile ecosystem.