Announced
Financials
Tags
software solutions
Acquisition
Pending
United States
Software
Majority
software development
Friendly
Private
Single Bidder
Synopsis
IHS Markit, a world leader in critical information, analytics and solutions, agreed to acquire Novation Analytics, a provider of software solutions, data analysis and advisory services to the automotive industry. Financial terms were not disclosed. “We have been working closely with Novation Analytics over the last few years, helping original equipment manufacturers and suppliers navigate the emissions compliance challenges. Having the team on board will help us scale our capabilities as we plan to bring new solutions to the market beyond the CO2 emissions sector.” Tim Armstrong, vice president, automotive planning solutions at IHS Markit.
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