-- MOUNTAIN VIEW, CA -- Technology oriented market research and management consulting firm Strategies Unlimited has been acquired by the PennWell Corporation.
Strategies Unlimited specializes in leading edge technologies including optical networks, optoelectronic components, wireless communications, compound semiconductors and photovoltaics. Strategies Unlimited will operate as a subsidiary within the PennWell Advanced Technology Division.
PennWell has built its Advanced Technology Division to serve the global electronics, communications and information technology markets.
?We are pleased and fortunate to have Strategies Unlimited become part of Pennwell?s Advanced Technology Division,? said Dave Janoff, VP of PennWell 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.?
Officials from the two companies said that in addition to the combined knowledge in optical communications brought by Strategies Unlimited and KMI, the Strategies Unlimited wireless and photovoltaic practices will add to PennWell?s growth potential. PennWell is also expected to benefit from the strong Strategies Unlimited presence in the heart of Silicon Valley.
?Joining the Pennwell organization will significantly broaden our market reach,? said John Day, founder and president of Strategies Unlimited.