Press Releases
IHS Acquires Dyadem
IHS Inc. (NYSE:IHS), the leading global source of information and analysis, today announced it has acquired Dyadem International, Ltd., the market leader in Operational Risk Management and Quality Risk Management solutions. The company provides software and services that empower companies to discover and manage the risks to people and products in the design and manufacturing processes.
“The acquisition of Dyadem provides IHS customers with software solutions to achieve regulatory compliance and business continuity,” said IHS Chairman and CEO Jerre Stead. “Dyadem is an excellent complement to our existing Environment, Health, Safety and Sustainability business and its products strengthen our presence in this area. Dyadem’s Operational Risk Management and Quality Risk Management solutions allow us to enhance and expand solutions, products and services that our customers need.”
Dyadem provides software and services that help companies discover and manage the risks to people and products in the design and manufacturing processes through risk identification, assessment, mitigation, control, and monitoring capabilities that provide a proactive framework for managing risks and minimizing their potential impacts on organizations. Dyadem helps some of the world's largest companies achieve regulatory compliance and business continuity, serving the oil and gas, chemical, mining, pharmaceutical, medical, automotive, electronics and aerospace and defense industries.
Dyadem is headquartered in Toronto and has offices in Houston, London and Munich.
Financial terms of the acquisition were not disclosed. Additional information about the transaction will be provided at the previously announced IHS Investor Day conference on Wednesday, May 4, 2011.
About IHS
IHS (NYSE: IHS) is the leading source of information and insight in pivotal areas that shape today’s business landscape: energy, economics, geopolitical risk, sustainability and supply chain management. Businesses and governments around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS employs more than 4,400 people in more than 30 countries around the world. For more information, visit www.ihs.com.
About Dyadem
Dyadem is the market leader in Operational Risk Management and Quality Risk Management solutions. Dyadem provides software and services that empower companies to discover and manage the risks to people and products in the design and manufacturing processes. Dyadem helps some of the world’s largest companies achieve regulatory compliance and business continuity, serving the oil & gas, chemical, mining, pharmaceutical, medical, automotive, electronics and aerospace and defense industries. For more information, visit www.dyadem.com.
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