RootMetrics, a Seattle-area company that provides information about the performance of cellular networks, has agreed to an acquisition by IHS, a Colorado-based company that provides information and analysis to support decision making by businesses and governments. Financial terms of the deal were not disclosed.
Based in Bellevue, Wash., RootMetrics is an industry leader in wireless network analytics, and its detailed reports on network performance are purchased by mobile operators and infrastructure providers in the U.S. and U.K. Consumers can view less detailed information based on the company’s work in order to better understand their options for wireless service.
It’s not clear if the acquisition will have any effect on what products RootMetrics offers to either its paying customers or consumers.
Assuming the deal passes regulatory muster, it will upgrade IHS’s capabilities as a provider of telecommunications industry information at a time when mobile networks are seeing increased use.
“The acquisition of RootMetrics will significantly strengthen our position in telecommunications, the largest segment within the technology information space,” IHS president and CEO Scott Key said in a press release. “Along with the acquisition of Infonetics Research last December, this acquisition firmly establishes IHS as a leading provider of telecom analytics and market intelligence and supports our core strategy of offering capabilities globally across industry verticals.”
