|Weekly News Digest
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The 451 Group Acquires Yankee Group
The 451 Group, the corporate parent of 451 Research and Uptime Institute, announced the acquisition of Yankee Group, a research, data, and advisory firm equipping enterprises to profit in a mobile world, from Alta Communications, a Boston-based private equity firm.
Founded in 1970 by Howard Anderson, Yankee Group emerged as the first independent information technology market research and advisory firm focused on the communications industry. Throughout its history, Yankee Group maintained and extended its reputation for independent thought leadership in emerging IT and communications technologies, business models and user trends.
Since 2010, Yankee Group has been led by CEO Terry Waters. Post-acquisition, Waters will continue as CEO of Yankee Group, reporting directly to The 451 Group’s chairman and CEO, Martin V. McCarthy, who will also serve as Yankee Group chairman.
In October 2012, Yankee Group launched its new Mobile Advisory and Planning Services (MAPS) product family. MAPS is a 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. This new delivery platform provides a tablet- and desktop-based rich research user experience.
Post-acquisition, 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.
Source: The 451 Group
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