Forrester Research Acquisition

Forrester Research recently announced that it has acquired certain assets associated with GigaGroup, S.A. for $3.9 million in total consideration. Headquartered in Paris, GigaGroup's assets include 125 client companies and approximately $4.0 million of agreement value.

'The acquisition of GigaGroup provides Forrester with a stronger foothold in the European market, particularly in France and Switzerland', said Robert W. Davidson, managing director, Europe. 'The agreement allows us to continue our strategic expansion in Europe. It is perfect timing as we roll out WholeView 2, our enhanced syndicated research product, globally'.

'This is great news for both companies', said Bruno Tourme, chairman and CEO, GigaGroup, S.A. 'Our quality analysts and sales team will provide Forrester with deep expertise in specific European markets along with new opportunities to sell Forrester's compelling product offerings'.

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas unless otherwise stated.

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