• ZDNet, Tuesday, January 5, 2010 3:15 PM

On the heels of its purchase of AMR Research, Gartner has acquired IT research firm Burton Group for $56 million. The Burton Group is comprised of 41 analysts, 40 sales people, and annual revenue of $30 million. Gartner paid $64 million for AMR, which had $40 million in revenue. "The addition of Gartner resources and global organization will enrich current Burton Group offerings," Burton Group CEO Jamie Lewis said in a statement.

Similar to the AMR deal, Gartner plans to use the Burton acquisition to expand its offerings and IT research. Gartner, which financed the deal through cash on hand and borrowings from its existing credit line, expects the acquisition to be accretive to its revenue, earnings and cash-flow over time.

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