The 451 Group, the New York-based parent of 451 Research and Uptime Institute, has announced it is acquiring the research, data, and advisory firm Yankee Group from the Boston-based private equity firm Alta Communications. Terms of the deal are not being disclosed.
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Yankee Group, a Boston-based market research company, has raised $10 million in new private equity funding from majority shareholder Alta Communications. The capital will be used to support ” the strategic expansion of its research on the impact of global connectivity.”
What happens when wireless networks become inexpensive, pervasive and big enough to carry serious amounts of data? You get a condition of “squanderable abundance” where innovators can play with the network and build interesting applications on top of them. When resources are scarce, utilization is low and applications are highly specialized. “What would ordinary people [...]