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| Gartner Establishes Gartner India Research and Advisory Services Private Limited |
| Gartner Acquires Aims Management Consultants Pvt. Ltd. |
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Mumbai, India, November 28, 2001 -- Gartner, Inc. (NYSE: IT and ITB) today announced the acquisition of Aims Management Consultants Pvt. Ltd. (AMCPL), and the creation of Gartner India Research and Advisory Services Private Limited. Gartner India is home to 11 analysts who focus on India-based technology research for Gartner clients. The acquisition was completed on October 1, 2001 and the terms of the deal were not disclosed.
“India’s information technology sector has become a sophisticated contributor to the global business and technology landscape,” said Michael Fleisher, Gartner’s chairman and CEO. “We look forward to serving clients in India as well as sharing our insights on the Indian marketplace with our more than 11,000 Gartner clients worldwide.” Gartner and AMC have been working jointly in India during the past four and a half years. The newly formed company will continue to maintain the services of AMC analysts currently located in Mumbai. Sujay Chohan has assumed the post of country director of research for Gartner India. Headquartered in Mumbai, Gartner India research coverage includes telecommunications, hardware platforms, IT services, enterprise software, e-business and the recently launched business strategy research initiative, GartnerG2. “India has a powerful and growing IT marketplace. Gartner’s breadth and depth of technology research coverage will be in high demand among the fast-growing technology companies here,” said Sujay Chohan, group vice president and country director, Gartner India Research & Advisory Services. Mr. Chohan added, “Over the coming months, we plan to introduce additional Gartner products and services in India that help companies use technology to guide and grow their businesses.” “India is an emerging powerhouse in the global IT industry. It is also one of the fastest growing IT and telecom markets in the world,” said Bob Hayward, senior vice president, Asia/Pacific. “Many Indian companies require insights into global IT markets. The acquisition of AMC and the creation of Gartner India significantly enhances our services for both local and global clients.” For more information about Gartner research and advisory services in India, please e-mail Peter Wilson at peter.wilson@gartner.com. About Aims Management Consultants Pvt. Ltd. (AMC)
Established by Mr. P.S. Chohan, in 1952 as a management consulting firm offering services to fledgling Indian corporations, Aims Management Consultants diversified in the last five years to offering research advisory, measurements and consulting services in information technology and telecommunications. Over the last four and a half years, AMC worked closely with Gartner, Inc. and two years ago spun off a new company, AMCPL, as the exclusive research partner for Gartner.
About Gartner, Inc.
Gartner, Inc. is a research and advisory firm that helps more than 11,000 clients understand technology and drive business growth. Gartner's divisions are Gartner Research, Gartner Consulting, Gartner Measurement and Gartner Events. Founded in 1979, Gartner is headquartered in Stamford, Conn. and consists of 4,300 associates, including 1,200 research analysts and consultants, in more than 90 locations worldwide. The company achieved fiscal 2001 revenues of $952 million. For more information, visit www.gartner.com.
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