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META Group

META Group Shareholders Approve Acquisition by Gartner

Authored by Mark Hefflinger on March 29, 2005 - 7:53am.
Stamford, Conn. -- META Group, a provider of IT research and advisory services, announced that its shareholders have approved the proposed acquisition of the company by Gartner Inc., a technology market research firm, for $10 a share. The deal is still subject to certain other customer conditions. It is expected to close in April.
tags: Gartner | Shareholders | META Group |

IT Research Firm Gartner Buys Rival Meta Group for $162 Million

Authored by Mark Hefflinger on January 3, 2005 - 3:40am.
Stamford, Conn. -- Gartner, a provider of market research and analysis for the information technology industry, announced that it has acquired Meta Group, a smaller rival in the market, for $162 million in cash. Gartner, which claims 10,000 clients for its research and analysis products, generated $858 million in revenue in 2003, while Meta Group generated $122 million. Connecticut-based Gartner said the acquisition will expand its client list and add a sales team that is already familiar with its product and service offerings.
tags: Gartner | Rival | META Group | IT Research |