Gartner Inc., a provider of research and analysis on the global information technology industry, announced on Dec. 2 that it has agreed to acquire AMR Research Inc. for approximately $64 million. AMR Research is an advisory services firm serving supply chain management and IT professionals.
AMR Research projects that its 2009 revenues will hit $40 million.
The acquisition of AMR Research is expected to expand Gartner's suite of research offerings and also complement its consulting and events businesses. The combination of the companies is expected to drive operational efficiencies and cost savings.
"The addition of AMR Research's team of approximately 40 research analysts and 45 sales executives should enable us to offer expanded resources to our clients and increase our opportunities for growth," said Gene Hall, Gartner's CEO.