OYSTER BAY, N.Y.--(BUSINESS WIRE)--ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, announced today that it has divested of its Teardowns Division. The business was sold to a private buyer. Terms of the deal were not disclosed.
The divestiture allows ABI Research to invest further in areas of innovation, including the industrial and manufacturing markets as well as 5G and IoT (Internet of Things) technologies, based on customer demand. ABI Research’s core research advisory business continues to evolve into new market segments, outside of teardowns, where the firm continues to see strong growth.
About ABI Research
ABI Research provides strategic guidance for visionaries needing market foresight on the most compelling transformative technologies, which reshape workforces, identify holes in a market, create new business models and drive new revenue streams. ABI’s own research visionaries take stances early on those technologies, publishing groundbreaking studies often years ahead of other technology advisory firms. ABI analysts deliver their conclusions and recommendations in easily and quickly absorbed formats to ensure proper context. Our analysts strategically guide visionaries to take action now and inspire their business to realize a bigger picture. For more information about subscribing to ABI’s Research Services as well as Industrial and Custom Solutions, visionaries can contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.