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BtoB

Gartner acquires Burton Group for $56 million

By Published on .

New York—Analyst firm Gartner Inc. announced Tuesday that it has acquired Burton Group for $56 million in cash.

Burton Group is an information technology advisory firm, with estimated 2009 revenue of $30 million.

“Gartner has traditionally focused on providing strategic insight to CIOs and senior IT executives, while Burton Group has built a leading niche providing practical, how-to advice to frontline IT professionals. Thus, Burton Group is a great strategic fit for Gartner and should enable us to offer a more complete solution to every level and functional expert within an IT organization,” Gene Hall, Gartner’s CEO, said in a statement.

Burton Group was represented by Jordan, Edmiston Group in the deal.

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