IHS Markit (formerly IHS) is a business research provider.
IHS merged with Markit Group in 2016 in a transaction worth approximately $13 billion. Upon completion of the merger, the combined company was renamed IHS Markit.
It is headquartered in London with certain key operations based in Englewood, Colorado. IHS shareholders own approximately 57 percent and Markit shareholders own approximately 43 percent of the combined company on a fully diluted basis. IHS shareholders received 3.5566 common shares of IHS Markit for each share of IHS common stock, which based upon the IHS closing price of $110.71 on March 18, 2016, implied a per share price of Markit common shares of $31.13.
Products and Services
IHS provides consulting, analysis, market insight and forecasts, software, technical data, and training.
Its MarkitSERV product provides end-to-end trade processing for OTC trading across a broad range of asset classes and products.
- IHS and Markit to Merge, Creating a Global Leader in Critical Information, Analytics and Solutions. IHS.