IHS Acquires Fekete Associates
IHS (NYSE: IHS) today announced it has acquired Fekete Associates, a leading
provider of integrated reservoir management software and services to the
oil and gas industry. Terms of the transaction were not disclosed.
“The acquisition of Fekete plays an important role in better supporting
our customers as we continue to seamlessly connect IHS information and
expertise with the right tools and technologies linked to key energy
workflows,” said IHS Chairman and Chief Executive Officer Jerre Stead.
“The products and services offered by Fekete build on existing IHS
Energy solutions and provide new opportunity to expand Fekete offerings
to a high-growth global energy marketplace.”