IHS Inc. (NYSE: IHS) acquired PFC Energy, a well-established leader in providing information, insight, and analytical products and services for the oil and gas value chain, the company announced in a press release.

The acquisition of PFC Energy brings energy information and research depth and strengthens the presence of IHS in North America, Europe, Asia Pacific and the Middle East. said Scott Key, IHS president and CEO, in the release.

PFC Energy’s strong focus on upstream and downstream energy insights will allow IHS to provide new, complementary solutions to support customers’ workflows and decisions, said Key in the release.

IHS Inc. is a global source of critical information and analytics. The company is headquartered in Englewood, Colo.