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IHS Markit Acquires Novation Analytics
Friday 11 October 2019

11 October 2019 - New York, US-based IHS Markit (NYSE: INFO), a provider of critical information, analytics and solutions, has acquired Michigan, US-based Novation Analytics, a specialist provider of software solutions, data analysis and advisory services to the automotive industry, the company said.
Terms of the transaction were not disclosed.
Novation Analytics focusses on the modelling of vehicle energy efficiency and CO2 emissions compliance.
IHS Markit said Novation will help the company scale its capabilities as it plans to bring new solutions to the market beyond the CO2 emissions sector.
IHS Markit is in critical information, analytics and solutions for the major industries and markets that drive economies worldwide.
The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions.
Date Published: 11/10/2019
Target: Novation Analytics
Country: USA
Sector: Computer Software
Type: Corporate acquisition
Status: Closed
Buyer: IHS Markit
Terms of the deal were not disclosed