DTN, an independent source of insight and analysis, and decision-support solutions, has acquired Energy Management Institute (EMI), a leading professional services firm providing insight into the energy future.
EMI provides specialised education and training services to major oil companies, power, natural gas marketers, utilities, investment banks, Fortune 500 end-users and top transportation fleets throughout the world.
“The acquisition of EMI is aligned with DTN’s strategy to expand our footprint in the Energy and Financial Services sectors, and provides our customers with the knowledge and information needed to improve critical business decisions,” said DTN Co-Chief Executive Officer Jerre Stead.
“The acquisition gives DTN access to an educational platform and business model that expands the services we can provide to our current and future customers.”
Besides training and education, EMI uses its market expertise to publish business-critical indices and newsletters that provide market news and analysis, including purchasing and hedging advice, and pricing, among others.
“EMI’s experienced team and educational model combined with DTN’s market-leading solutions creates an opportunity to drive growth among existing and new customers,” said Stephen Gloyd, partner at EMI. “The combination will help get our products in front of customers in the Energy and Financial Services markets who may not have been aware of them before.”
DTN Co-CEO Sheryl von Blucher said: “Another benefit of the acquisition is that feedback from EMI’s educational courses will create an opportunity to use that information to create new, higher-value offerings for our customers. This will enhance our ongoing efforts to provide our customers with customisable, real-time business intelligence to help them make critical business decisions with complete confidence.”
For more information, visit: www.dtn.com
13th Apr 2018