InfoTrends Acquired by Buyers Lab
InfoTrends, one of the printing industry's most well known research and consulting firms, was acquired this week by Buyers Laboratory, LLC (BLI), an authority on product performance data for business imaging equipment, consumables and related software. The business combination will create a global team of more than 125 subject matter experts and a portfolio of products and services covering the industry’s strategic planning, competitive intelligence and research, customer engagement and product development needs.
"We’ve long held that BLI and InfoTrends are highly complementary businesses with a shared focus on the global digital imaging industry,” said Gerry Stoia, president and chief executive officer of BLI. “Combining BLI’s independent testing capabilities and exhaustive product knowledge with InfoTrends strategic market and research expertise is a powerful combination and will allow us to innovate across a broader portfolio of products and services and ultimately deliver greater value to our customers.”
“I believe the combination of InfoTrends and BLI will accelerate our mission of providing tools and services that help our clients understand market trends, grow their business, and improve their operations,” commented Jeff Hayes, president of InfoTrends, in his blog this week.
BLI is headquartered in Fairfield, N.J., with offices in the United Kingdom, Hong Kong and Japan. InfoTrends is headquartered in Weymouth, Mass., and has offices and analysts residing in Japan, the United Kingdom, Netherlands, Germany, China and Israel.