PennWell buys market-research, consulting firm
PennWell Corp. (Tulsa, OK), parent company of Lightwave, has acquired market-research and management consulting firm Strategies Unlimited (Mountain View, CA). Strategies Unlimited specializes in leading-edge technologies including optical networks, optoelectronic components, wireless communications, compound semiconductors, and photovoltaics. The company will operate as a subsidiary within the PennWell Advanced Technology Division (Nashua, NH).
Strategies Unlimited joins another research and consulting firm, KMI Corp. (Providence), within the Advanced Technology Division. PennWell acquired KMI in 1999.
"We are pleased and fortunate to have Strategies Unlimited become part of Pennwell's Advanced Technology Division," says Dave Janoff, PennWell vice president and the new president of Strategies Unlimited. "Strategies Unlimited has earned a reputation for identifying the critical commercial issues for emerging technical products and accurately forecasting their market potential."