Acquisition of Infield Systems Limited will enhance upstream supply chain and modeling capabilities at Wood Mackenzie
JERSEY CITY, N.J., November 6, 2015 - Verisk Analytics, Inc. (Nasdaq:VRSK) today announced the acquisition of Infield Systems Limited ("Infield Systems"), a leading independent provider of business intelligence, analysis, and research to the oil, gas, and associated marine industries. Infield Systems will become part of Wood Mackenzie, a Verisk Analytics business, and will provide valuable services to enhance Wood Mackenzie's upstream and supply chain capabilities.
"This small, tuck-in acquisition of Infield Systems will help transform our analysis of the upstream supply chain and complement our modeling capabilities. Our clients will benefit from a more robust and integrated offering made possible by combining the analytical strength and proprietary databases of Infield Systems and Wood Mackenzie," said Stephen Halliday, chief executive officer of Wood Mackenzie.
"For more than 25 years, Infield Systems has provided an extensive range of services to assist its clients with critical business and investment decisions. Infield Systems, its people, its relationships across the industry, and its comprehensive data are widely recognized as a leading source of information, research, and analysis for the energy sector; and they will be a valuable addition to Wood Mackenzie and Verisk Analytics," added Halliday.
"We're delighted to be joining Wood Mackenzie. The integration of Wood Mackenzie and Infield Systems will provide a more competitive and complete service for both Infield Systems and Wood Mackenzie clients," said Julian Whitfield, Infield Systems managing director.
About Infield Systems Limited
Servicing clients in over 40 countries, Infield Systems is an energy research and analysis firm that provides accurate and up-to-date information, databases, research, market forecasts, mapping, commercial market due diligence, transaction support, business strategy, analysis, and intelligence to the global offshore oil, gas, renewable energy, and associated marine industries. For more information, visit www.infield.com (http://www.infield.com).
About Wood Mackenzie
Wood Mackenzie, a Verisk Analytics business, is a trusted source of commercial intelligence for the world's natural resources sector. Wood Mackenzie empowers clients to make better strategic decisions, providing objective analysis and advice on assets, companies, and markets. For more information, visit www.woodmac.com (http://www.woodmac.com) or follow us on Twitter @WoodMackenzie (https://twitter.com/WoodMackenzie).
WOOD MACKENZIE is a trademark of Wood Mackenzie Limited and is the subject of trademark registrations and/or applications in the European Community, the U.S.A., and other countries around the world.
About Verisk Analytics
Verisk Analytics (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, energy, healthcare, financial services, government, and risk management. Using advanced technologies to collect and analyze billions of records, Verisk Analytics draws on vast industry expertise and unique proprietary data sets to provide predictive analytics and decision support solutions in fraud prevention, actuarial science, insurance coverages, fire protection, catastrophe and weather risk, data management, and many other fields. In the United States and around the world, Verisk Analytics helps customers protect people, property, and financial assets. For more information, visit www.verisk.com (http://www.verisk.com).
Contact
Investor Relations
Eva Huston
Senior Vice President, Treasurer, and Chief Knowledge Officer
Verisk Analytics, Inc.
201-469-2142
eva.huston@verisk.com
David Cohen
Director, Investor Relations and Business Analytics
Verisk Analytics, Inc.
201-469-2174
david.e.cohen@verisk.com
Media
Rich Tauberman
MWW Group (for Verisk Analytics)
202-600-4546
rtauberman@mww.com (mailto:rtauberman@mww.com)
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Verisk Analytics Inc. via Globenewswire
