Information Services Group, Inc. completed the acquisition of Substantially all assets of Ventana Research, Inc. for $2.657 million.
November 02, 2023
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Information Services Group, Inc. (NasdaqGM:III) acquired Substantially all assets of Ventana Research, Inc. for $2.657 million on October 31, 2023. The purchase price was comprised of $1 million of cash consideration paid at closing. Ventana Research, Inc. will also have the right to receive additional consideration paid via earn-out payments during the next 26 months, if certain financial targets are met. At the agreement date, the Company estimated such earn-out payment would be $1.7 million.
Information Services Group, Inc. (NasdaqGM:III) completed the acquisition of Substantially all assets of Ventana Research, Inc. on October 31, 2023.
Information Services Group, Inc. is a global technology research and advisory firm. The Company specializes in digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk services; network carrier services; technology strategy and operations design; change management; market intelligence and technology research and analysis. The Company supports both private and public sector organizations to transform and optimize their operational environments. It has two global client solution areas: ISG Digital, which is focused on developing technology, transformation, sourcing, and digital solutions for clients, and ISG Enterprise, which is focused on helping clients manage change and optimize operations in such areas as finance, human resources (HR) and Procure2Pay. Its emerging services include Generative AI; ISG Automation; ISG Network Select; HR Technology & Transformations, and Providers-as-a-Business.