EL SEGUNDO, California, July 17 /PRNewswire/ --
iSuppli Corp. is pleased to announce it is driving automotive market research to the next level by acquiring Telematics Research Group, Inc. (TRG), the leader in vehicle-electronics business intelligence.
Established in 2000 and based in Minnetonka, Minnesota, TRG is a worldwide research firm that analyzes and forecasts global and regional demand trends for a multitude of automotive and mobile electronics technologies. TRG's operations will be integrated with the existing iSuppli Automotive Infotainment and Electronics Services, along with its research on vehicle Microelectromechnical Systems (MEMS), to form a wide-ranging automotive research practice.
"TRG has established itself as an unparalleled expert in the world of automotive electronics," said Derek Lidow, president and chief executive officer of iSuppli. "We are pleased to welcome TRG and its top-flight research staff to the iSuppli team."
Phil Magney, founder and principal analyst for TRG, said, "TRG is dedicated to helping its customers improve their competitiveness by helping them to get answers to questions, spot trends, compare competitors, and minimize poor technology or market decisions. We know iSuppli shares this commitment, and ... we look forward to bringing our automotive research to a wider global audience." Mr. Magney will head the expanded iSuppli automotive research practice; terms of the acquisition are not being disclosed.
Through proprietary database tools and research methodologies, TRG's services provide in-depth coverage of the North American, European and Asia-Pacific regions. For instance, its Automotive and Portable/LBS Research Portals are powerful delivery platforms that let clients identify trends, evaluate markets, assess competitors, and scrutinize technologies. Under iSuppli, the Research Portals will be licensed annually and augmented by a robust series of special analytical reports.
iSuppli expands services
The TRG acquisition represents iSuppli's efforts to expand its research programs into new areas. iSuppli announced the hire in October 2006 of Richard Robinson as principal analyst for automotive electronics, followed by the purchase of Japan-based Data Garage in late 2006 and the acquisition last April of Germany-based Wicht Technologie Consulting.
"One of iSuppli's chief assets is our worldwide presence," said Lloyd Kaplan, chief operating officer for iSuppli. "TRG's global vision and local coverage make it a perfect match for iSuppli."
For a full version of this release, please visit: http://www.isuppli.com/news/default.asp?id=9005&m=6&y=2008
Web site: http://www.isuppli.com
Jonathan Cassell, Editorial Director and Manager, Public Relations of iSuppli Corp., +1-408-654-1714, Mobile, +1-408-921-3754
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