Quick Take
S&P Global (SPGI) has announced the acquisition of 451 Research for an undisclosed amount.
451 Research has developed a research and advisory practice as part of its former parent, The 451 Group.
SPGI is acquiring 451 Research to bolster its emerging technologies research capabilities for its enterprise customer base.
However, SPGI’s stock price appears richly valued, so my current bias is NEUTRAL.
Target Company
San Francisco-based 451 Research was founded to provide actionable insights into emerging technology companies, management, and technologies across numerous industry verticals.
Management is headed by parent group