Monday, May 14, 2012
IHS Acquires XeDAR
Englewood, Colorado-based IHS, the provider of information analysis services and other related services, said Friday that it has acquired Arvada, Colorado-based XeDAR. IHS said it paid approximately $28M for XeDar, which is a provider of geospatial information products and services. Xedar had 134 employees in Arvada as well as at an office in Albuquerque. IHS said that XeDAR's geographic and land information system solutions are a "great complement" to its energy technical information and analytical tools.