Empresas y finanzas

IHS Acquires Jane's Information Group

13/06/2007 - 10:51

IHS Inc. (NYSE: IHS), a global provider of critical technical
information, decision-support tools and related services, announced
today it has acquired Jane's Information Group (Jane's), a leading
provider of information to the defense industry and governments, from
The Woodbridge Company Limited. IHS purchased Jane's substantially
through the issuance of 4.399 million shares of new IHS common stock,
which translates to approximately $183.5 million (U.S.) based on the
June 11, 2007 closing price of $41.71 for IHS stock. As part of the
transaction, Woodbridge has agreed to a three-year lock-up agreement
that restricts its ability to sell any IHS shares.

"IHS is extremely pleased to welcome Jane's into the IHS family of
brands which includes IHS and CERA (Cambridge Energy Research
Associates)," said Jerre Stead, chairman and chief executive officer
of IHS. "Our strategy is to grow our business of proprietary content
and decision-support tools. The addition of Jane's is a perfect
complement to the products and services IHS offers today, and reflects
our vision to be the source for critical information and insight."

IHS and Jane's are both global operators with long-standing
customer relationships in aerospace, defense and government. The
acquisition enhances the position of IHS in these industries, the
company's second-largest industry vertical after energy. IHS is a
leading provider of military and aerospace parts, standards, and
regulatory databases, and related decision-support tools and services.
The combination of these IHS assets with the information, insight,
analysis and brand of Jane's allows IHS to deliver an unparalleled
suite of products and services.

"The combination of IHS and Jane's clearly strengthens both
companies and creates more growth and greater opportunities to
increase value for our customers," said Alfred Rolington, chief
executive officer of Jane's. "We look forward to enhancing the
critical information and insight on which governments and businesses
have come to rely to make critical decisions."

The growing shared interest of the defense establishment and
energy industry in the security and production of oil and gas around
the world presents another opportunity, positioning the combined
companies as a global leader in energy security issues.

"The convergence of energy and security issues in recent years has
driven markets and prices on a daily basis and placed energy security
squarely at the forefront of the minds of everyone from governments to
businesses to individuals," said Daniel Yergin, executive vice
president of IHS and chairman of CERA. "The insight and expertise that
IHS and CERA provide in the energy arena, now coupled with Jane's
depth and quality of security analysis, will be a unique, broad-based
source of timely information, knowledge and insight into a range of
energy security issues around the world."

Jane's was founded in 1898 and is a world-leading provider and
publisher of information and analysis on global defense and security.
Governments, militaries, business leaders and academics in more than
180 countries rely on Jane's for timely and insightful information on
threat and security issues. Jane's has offices in seven locations
worldwide and an international network of researchers, correspondents
and journalists, who provide the depth and quality of Jane's editorial
expertise and independence. Jane's offers a full range of information
solutions including: military systems, equipment and analysis;
country-by-country internal and external security and threat
assessments; defense news and analysis; business risk assessments;
airport news equipment and services information; railroad and urban
transportation systems; and police and law enforcement news and
equipment information.

IHS is a leading provider of critical information, products,
solutions and services to governments and corporations in more than
100 countries. IHS has been in business for nearly 50 years and
maintains the most comprehensive databases of their kind employing
proprietary processes and technology to collect, manage and deliver a
vast inventory of information in the aerospace, defense, energy,
electronics, construction and automotive industries.

Jefferies & Company, Inc. acted as financial adviser to IHS.
Greenhill & Co. advised Woodbridge.

IHS JANE'S ACQUISITION CONFERENCE CALL ADVISORY - TUESDAY, JUNE
12, 3:00 p.m. (MDT), 5:00 p.m. (EDT)

A conference call with IHS Chairman and CEO Jerre Stead to discuss
the IHS acquisition of Jane's Information Group will be conducted
Tuesday, June 12 at 3:00 p.m. Mountain time/5:00 p.m. Eastern time.
Media and investors can participate on the call by visiting the IHS
website at http://www.ihs.com/Investor-Relations/ir-calendar.htm and
logging on at least 15 minutes prior to the start of the call, or by
dialing 1-800-591-6942 and entering the passcode 49177640.

About IHS (www.ihs.com)

IHS (NYSE: IHS) is a leading provider of critical technical
information, decision-support tools and related services to customers
around the world. Our data and services are used primarily by the
energy, defense, aerospace, construction, electronics, and automotive
industries. IHS translates the value of our global information,
expertise and knowledge to enable customer success and create customer
delight on a daily basis. Ranging from governments and large
multinational corporations to smaller companies and technical
professionals in more than 100 countries, customers rely on our
offerings to facilitate decision making, support key processes and
improve productivity. IHS has been in business for nearly 50 years and
employs more than 2,500 people in 35 locations around the world.

IHS FORWARD-LOOKING STATEMENTS: This release may contain
forward-looking statements as defined in the Private Securities
Litigation Reform Act of 1995. Forward-looking statements are
statements that are not historical facts. Such statements may include
financial projections and estimates and their underlying assumptions,
statements regarding plans, objectives and expectations with respect
to future operations, products, and services, and statements regarding
future performance. Forward-looking statements are generally
identified by the words "expect," "anticipate," "believe," "intend,"
"estimate," "plan" and similar expressions. Although IHS and its
management believe that the expectations reflected in such
forward-looking statements are reasonable, investors are cautioned
that forward-looking information and statements are subject to various
risks and uncertainties--many of which are difficult to predict and
generally beyond the control of IHS--that could cause actual results
and developments to differ materially from those expressed in, or
implied or projected by, the forward-looking information and
statements. These risks and uncertainties include those discussed or
identified by IHS from time to time in its public filings. Other than
as required by applicable law, IHS does not undertake any obligation
to update or revise any forward-looking information or statements.
Please consult our public filings at www.sec.gov or www.ihs.com.