IHS Markit

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IHS Markit Ltd.
S&P 500 Component
ISINBMG475671050 Edit this on Wikidata
IndustryInformation services
Founded1959[1]"IHS Markit - History". Retrieved 2018-04-16.</ref>
United Kingdom[2]
Key people
Lance Uggla (Chairman & CEO)[3]
RevenueUS$3.6 billion (2017)
US$524.2 million (2017)
US$416.9 million (2017)
Total assetsUS$14.554 billion (2017)
Total equityUS$8.004 billion (2017)
Number of employees
SubsidiariesCambridge Energy Research Associates, Global Insight, Jane's Information Group, Carfax, Inc.
Prime Publications Limited
John S. Herold, Inc.

IHS Markit Ltd[5] is a London–based global information provider[2] formed in 2016 with the merger of IHS Inc. and Markit Ltd.[6][7]

Some parts of this company are pre-1800.


One part of this conglomerate originally was a firm that assigns IMO identification numbers for ships, companies and registered owners.[8] It has since grown to incorporate other companies in the information services sector, many dating back to the late 1700s and 1800s. . These include: Cambridge Energy Research Associates, Global Insight, Jane's Information Group, Carfax, Inc., Prime Publications Limited, and John S. Herold, Inc.

In 2016 Englewood, Colorado–based IHS and London-based Markit merged. Information Handling Services (IHS)[1] "was founded in 1959 as Information Handling Services to provide information for aerospace engineers through microfilm databases."[9] Jerre Stead was the chief executive from 2006 to 2013 and from 2015 until the merger with Markit.[9]

Markit was founded in 2003 as Mark-it Partners, a financial data provider for daily credit default swap pricing.[10][11][12] The company grew via joint ventures and by acquiring other companies,[13][14][15][16] merging with IHS in 2016.


IHS's founding date refers to a 1959-initiated publication about microfilm][17] begun by an Englewood, Colorado-based former RELX- precursor which Norman L. Cahners'[18] 1945-initiated publishing empire, led by Modern Materials Handling[19] acquired and expanded.

IHS Markit acquisitions[edit]

  • September 26, 2017: automotiveMastermind Inc., a provider of predictive analytics and marketing automation for the automotive industry.[20]
  • September 26, 2017: Macroeconomic Adviser, an independent research firm forecasting the US economy.[21]
  • August 03, 2018: Ipreo, software solutions and data provider in global capital markets.[22][23]
  • On September 18, 2008, IHS Inc. agreed to purchase the economics forecasting organization Global Insight for $200 million. .[24][25]


  1. ^ a b "Information Handling Services (IHS) ..."
  2. ^ a b "IHS Markit Returns to Profit, Posts Better-Than-Expected quarterly results". Wall Street Journal. January 17, 2017. The London-based data and analytics firm, formed by the 2016 merger of IHS Inc. and Markit Ltd.
  3. ^ "About Us". IHSmarkit. Retrieved 2018-04-16.
  4. ^ "IHS Careers". We are over 14,000 professional thought leaders, subject matter experts, analysts and consultants from 34 countries who see the world through an entrepreneurial lens.
  5. ^ Mark Harden (11 July 2016). "IHS, Markit shareholders OK $13B merger". Denver Business Journal. Retrieved 13 July 2016.
  6. ^ "IHS and Markit to merge in deal valued at more than $13B". CNBC.com. March 21, 2016. IHS and Markit ... announced plans to merge
  7. ^ "IHS Markit Rings Opening Bell at Nasdaq, Unveils New Logo" (Press release). IHS Online Newsroom. Retrieved 10 April 2018.
  8. ^ "IMO Identification Numbers for Ships, Companies and Registered Owners / About". IHS Markit. Retrieved 19 August 2018.
  9. ^ a b Picker, Leslie (March 21, 2016). "IHS and Markit, Providers of Data and Analytics, Agree to Merge". NYTimes.com.
  10. ^ "Plumbers in suits". The Economist. July 6, 2013.
  11. ^ Natalie Harrison (November 14, 2007). "Markit says buys IIC, agrees to buy CDS IndexCo". Reuters. Retrieved December 14, 2007.
  12. ^ Markit USD Interest Rate Curve XML Specification (PDF) (Report). Markit. March 30, 2009.
  13. ^ Dave Valiante (July 28, 2008). "JPMorgan's FCS Corporation Acquired By Markit". WallStreetAndTech.com (Wall Street & Technology). Retrieved September 21, 2008.
  14. ^ "Markit Buying Owners of iTraxx, CDX Credit Indexes". Bloomberg. November 14, 2007. Retrieved December 14, 2007.
  15. ^ William Alden (May 5, 2014). "Financial Data Company Markit Files for I.P.O." The New York Times. Retrieved May 5, 2014.
  16. ^ "Markit IPO jumps after selling shares". USA Today. June 19, 2014.
  17. ^ "LHS Markit History".
  18. ^ "Norman L. Cahners". The New York Times. March 18, 1986.
  19. ^ Robert Lee Brewer (1 September 2015). Writer's Market 2016: The Most Trusted Guide to Getting Published. "F+W Media, Inc.". p. 688. ISBN 978-1-59963-937-6.
  20. ^ https://www.businesswire.com/news/home/20170926005531/en/IHS-Markit-Announces-Acquisition-automotiveMastermind-Leader-Predictive
  21. ^ https://ihsmarkit.com/research-analysis/ihs-markit-acquires-macroeconomic-advisers-v2.html
  22. ^ Lauren Ohnesorge (2 August 2018). "Amid IHS Markit buy, 'nothing changes' for Ipreo's 250-job Raleigh expansion, exec says". BizJournals.com]] (Triangle Business Journal).
  23. ^ https://www.businesswire.com/news/home/20180802005490/en/IHS-Markit-Completes-Acquisition-Ipreo
  24. ^ "Global Insight bought in deal worth $200m". J.Y. Design Blog. 19 September 2008. Archived from the original on 18 October 2008. Retrieved 16 June 2013.
  25. ^ "Global Insight bought in deal worth $200m: Waltham research firm now under IHS umbrella with Cambridge Energy". Boston Globe. 19 September 2008.

External links[edit]