Magazine article Information Today

IHS Australia Acquires ACEL Information Pty. Ltd

Magazine article Information Today

IHS Australia Acquires ACEL Information Pty. Ltd

Article excerpt

Information Handling Services Group Inc. (IHS) has announced a major expansion of the company's activities in Australia and New Zealand with the acquisition of ACEL Information Pty. Ltd. by IHS Australia. Both companies are based in Sydney.

As the largest publisher of technical information databases serving the domestic Australian and New Zealand engineering markets, ACEL Information, as a leading distributor of engineering and medical information products and services, significantly complements and enhances IHS Australia's existing franchise, according to IHS.

ACEL Information publishes a series of proprietary and unique technical databases incorporating information on Australian engineering standards, Australian vendors and products, and Australian occupational health and safety standards. These databases are available in a variety of electronic media.

IHS CEO Michael Timbers explained that IHS Group plans to "merge the operations of ACEL Information with those of IHS Australia in order to take advantage of substantial operating and sales synergies between the companies." The two operations currently generate AUS $13 million (U.S. $11 million) in annual sales. The combined companies will be managed by Steve Austin, who has considerable experience with IHS Group's engineering information businesses, including past positions as general manager of Global Engineering Documents and vice president of marketing for IHS's engineering products division. …

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