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Gartner Acquires IDEAS (Australia) for AUD20 Million

Gartner Australasia has agreed to acquire IDEAS International, a firm which provides enterprise IT research, insight, analysis and tools to technology vendors and global IT users. The cash deal is valued at approximately $AUD 20m.

IDEAS has operations in the US, Australia and the UK and focuses on a number of sectors, including servers, storage, software, services and cloud. For the year ending 31 December 2011, profit after tax was up 60.4% to AUD $1.9m compared with AUD $1.2m in the prior year. 

Source:  MRWeb.com

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