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internetnews.com: Gartner to Buy META Group

Dec 27, 2004, 19:45 (1 Talkback[s])
(Other stories by Colin C. Haley)

"In a merger that will add more deep technology experience to its ranks, information technology research firm Gartner is buying tech research firm META Group for $162 million in cash.

"The Stamford, Conn.-based companies made the announcement Monday. Gartner said it would use cash on hand to pay the $10 per share purchase price, plus borrowings from an existing line of credit. The deal should close in the second quarter of 2005, provided regulators and META stockholders approve it..."

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