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CMP Acquires Portelligent, the Leading Provider of Teardown Analysis to the Global Electronics IndustryIntegration with CMP’s Semiconductor Insights Creates Analyst Powerhouse
San Francisco and Ottawa, Canada - November 12, 2007 - CMP, a media and marketing solutions company serving the technology industry, today announced that it has acquired Portelligent (www.teardown.com), the leading provider of product teardowns to the electronics industry. Portelligent will report into CMP's Electronics Group and will be integrated with CMP’s Semiconductor Insights division, creating a technology analyst powerhouse that spans systems and semiconductors. Together, the companies will offer a combined searchable database of over 40,000 components and Integrated Circuits, which is an invaluable resource for Semiconductor Insights’ and Portelligent’s clients. Portelligent delivers technology intelligence in wireless, personal, and consumer electronics through product teardowns and related analysis. Since its 2000 spin out from Microelectronics and Computer Technology Corporation (MCC), Portelligent has built a global footprint that spans North America, Europe and Asia. CMP and Portelligent have had a strong relationship for over five years; Portelligent has been a significant contributor to CMP Electronics Group properties such as EE Times and TechOnline. In addition, David Carey, Portelligent’s President and CEO, has been an important presenter at CMP events, most notably conducting a live teardown of a Toyota Prius at the 2007 Embedded Systems Conference in Silicon Valley. "This acquisition advances our growth strategy to provide our customers with ‘more than media’," said Paul Miller, President CMP Electronics Group. "We continue to build strong momentum for the electronics market with our July acquisition of Semiconductor Insights, the September launch announcement of an Intellectual Property Symposium, followed by today’s news. We are committed to adding valuable global opportunities for our customers who have relied on CMP for events, online and print products for more than thirty years." "Client response to our acquisition by CMP earlier this year has been overwhelmingly positive," stated Harry Page, President of Semiconductor Insights. "In addition, our clients have worked closely with Portelligent and we are confident that they will be pleased with this new relationship." "Together, Portelligent and Semiconductor Insights are uniquely positioned to offer detailed analysis and reports on products from sand to silicon to systems," said Portelligent’s Carey. "We look forward to working with SI and the larger CMP family to become the go-to analysts for those with a financial, technical, and/or intellectual property stake in the electronics industry." Additional Information About Portelligent - A CMP Company About Semiconductor Insights A Division of UBM About CMP |
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