451 Group acquires Yankee Group
January 7, 2013
The 451 Group, the corporate parent of 451 Research and Uptime Institute, has confirmed the acquisition of Yankee Group, the preeminent research, data and advisory firm equipping enterprises to profit in a mobile world, from Alta Communications, a Boston-based private equity firm.
Founded in 1970 by Howard Anderson, Yankee Group emerged as an independent information technology market research and advisory firm focused on the communications industry. Throughout its history, Yankee Group maintained and extended its reputation for independent thought in emerging IT and communications technologies, business models and user trends.
Commenting on the acquisition, The 451 Group’s Chairman and CEO, Martin V. McCarthy said: “We are delighted to welcome the Yankee Group team to join me and the 200+ 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.”