Gartner Enters Into Agreement To Acquire AMR Research, Inc.
STAMFORD, Conn., December 1, 2009 Gartner, Inc. (NYSE: IT), the leading provider of research and analysis on the global information technology industry, today announced that it has agreed to acquire AMR Research, Inc. for approximately $64 million in cash, subject to certain closing adjustments.
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Updated March 8, 2010
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Gartner will honor all existing client contracts, and clients will be able to renew the products and services they currently receive. We also recognize that some clients of AMR and Gartner will want to merge accounts and contracts. We will work with those clients to do whatever works best for their organization.
Gartner will continue to honor all current AMR entitlements. Specifically, clients will be able to renew Web access (reference) seats, advisory units (inquiries) and Peer Forums. For supply chain and IT professionals, content entitlements will be opened in Q2 to include the full complement of AMR Advisory services: Industry Value Chain, Sustainability, Enterprise Applications and Retail. Technology and service provider clients will also receive significantly expanded entitlements by mid-2010.
Building on the great base of AMR's current supply chain products and services, Gartner will release a new generation of AMR research products. In research and advisory, we will introduce AMR for Supply Chain Leaders for supply chain professionals, and AMR for Supply Chain Providers for vendors and service providers. AMR Supply Chain Leaders will combine AMR supply chain research with Gartner supply chain management, manufacturing and retail research on our new My Gartner personalization platform, which includes Peer Connect, our client network. We are also introducing AMR Enterprise Supply Chain Leaders, which combines the research and advisory product with expert coaching and facilitated peer networking/learning. For more information about these new products, please contact your account executive or e-mail firstname.lastname@example.org.
The AMR Supply Chain Executive Conference is scheduled for June 2 - 4, 2010, and we're looking forward to another great event. We are very excited to have added this world-class event to the Gartner portfolio. We intend to continue and grow this conference for the foreseeable future.
Gartner extended offers of employment to every AMR analyst on December 1, 2009. We have retained 92% of the analysts and are currently hiring additional analysts across a number of areas. We will make every effort to ensure that our clients have access to the very best advisors on supply chain and enterprise applications topics.
AMR remains a dedicated team. AMR's supply chain research team is led by Kevin O'Marah, and its enterprise applications research team is led by Dennis Gaughan.
To increase the depth and breadth of research you receive, we are expanding the supply chain research organization. We are currently recruiting three new analysts, with plans to hire several more later in the year.
AMR research topics have not changed, other than an increase in our global research efforts in Asia and EMEA. Clients will continue to receive the same valuable research and advice they expect from AMR.
Wherever possible, we will try to maintain the existing relationship between clients and their current sales representative. However, in those limited instances where there is overlap (for example, when a client has a Gartner and an AMR sales representative), we have combined the relationship so that one account representative will now service the client.
We have worked hard to keep current client partner (known formerly as service representative) relationships intact. As a result, the majority of our clients will have the same client partner they had prior to the acquisition. In any case where we had to make a change, an experienced, highly tenured AMR client representative will continue to provide support for the client.
We do not plan to increase prices as a result of this acquisition. Upon renewal, clients can expect our traditional nominal annual price increase.
We recognize the value of the AMR brand, and as such, we intend to retain it.
Please contact your account executive, client partner or e-mail email@example.com.
The AMR Supply Chain Executive Conference is scheduled for June 2-4, 2010, and we're looking forward to another great event. We are very excited to have added this world-class event to Gartner's portfolio. We intend to continue and grow this conference for the foreseeable future.