Uptime Institute’s parent company acquires Yankee Group
The 451 Group adds Yankee Group to its portfolio, which also includes data center-focused firm 451 Research.
The 451 Group, the parent company of Uptime Institute and 451 Research, recently announced it is acquiring research, data and advisory firm Yankee Group from private-equity firm Alta Communications. Yankee Group dubs itself as an outfit that “equips enterprises to profit in a mobile world.”
A release announcing the acquisition says Yankee Group has “more analysts covering the mobility market than any other analyst firm.”
Martin McCarthy, chairman and chief executive officer of The 451 Group, commented, “We are delighted to welcome the Yankee Group team to join me and the 200-plus current professionals here at The 451 Group. For over four decades, the insights of Yankee Group have served the telecommunications industry and, more recently, the emergent mobility marketplace. Mobility is a huge driver of innovation in business and technology markets globally. Its impact in the evolving enterprise and broader consumer IT marketplaces will fundamentally shape the future expansion and strategy of digital infrastructure. With Yankee Group, we see an exciting opportunity to significantly extend The 451 Group’s focus on the evolution of digital infrastructure. Yankee Group supports our operating philosophy of long-term, sustainable, profitable, global growth.”
In October 2012, Yankee Group launched its Mobile Advisory and Planning Services (MAPS) product family, a research-and-advisory offering that combines market research with daily insights and weekly thematic perspectives on issues driving the mobile ecosystem, the company explains.
Once the acquisition is complete, Yankee Group will operate as an independent division of The 451 Group. Yankee Group’s chief executive officer Terry Waters will continue in that capacity. McCarthy will serve as Yankee Group chairman. Waters commented, “The support and resources of The 451 Group as a strategic owner will enable Yankee Group to deepen our focus on key themes driving the mobile ecosystem—including mobile money, mobile and connected devices, mobile applications and cloud, mobile broadband and mobile leadership—and to dramatically expand our new MAPs platform.”