Financial Times acquires Silicon Valley company GIS Planning
4 January 2017: The Financial Times announces the acquisition of GIS Planning, a San Francisco-based internet technology company providing organisations with data and intelligence on foreign direct investment (FDI) and economic development in North America.
The acquisition of GIS Planning strengthens the FT Group’s portfolio of specialist products and services. GIS Planning’s ZoomProspector Enterprise and ZoomProspector.com join a stable of successful FDI subscription services which includes fDi Magazine, fDi Markets and fDi Benchmark.
FT CEO John Ridding said: “GIS Planning is a strong addition to the FT Group, with valuable specialist information, cutting-edge technological capabilities, a loyal client base and substantial growth potential. At a time when companies and investors are re-assessing optimal locations for business, GIS Planning brings significant expertise and opportunity. The FT’s international network and the global power of its brand will provide a healthy foundation for GIS Planning’s expansion.”
Anatalio Ubalde, Co-Founder, GIS Planning, added: “Combining the data, software, and services of the Financial Times and GIS Planning creates a powerful economic development service focused on business growth and job creation. This partnership immediately offers a competitive advantage to US and Canadian economic development organisations, and has great potential to expand globally.”
GIS Planning’s clients include economic development organisations in the USA and Canada committed to attracting and growing business investment into their regions. Its flagship product ZoomProspector provides quantitative analysis that helps companies identify the optimal location to start up, expand or relocate based on real estate, demographics, industry information, and geographic advantages.
Its software engine currently serves more than 17,000 cities, including the majority of the 100 largest cities in the United States. The company has more active clients than any other economic development-focused company in the US and Canada. Five years in a row, GIS Planning has made the Inc. 5000 list of fastest growing private companies in the United States.
The FT’s FDI business revenues have more than trebled since the fDi Markets and fDi Benchmark databases were acquired by the FT Group in 2008. It is the largest FDI centre of excellence globally, offering businesses unrivalled information about the industry, guidance on their marketing campaigns, and opportunities to find and meet suitable investors.
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For more information please contact:
Financial Times: Kristina Eriksson | firstname.lastname@example.org | +44 (0) 20 7873 4961
GIS Planning: Anatalio Ubalde | email@example.com | +1 (415) 294-4771
About the Financial Times Group
The Financial Times Group is part of Nikkei Inc., which provides a broad range of business information, news and services for the global business community. The Financial Times is one of the world’s leading business news organisations, recognised internationally for its authority, integrity and accuracy. In 2016 the FT passed a significant milestone in its digital transformation as digital revenues overtook print revenues for the first time. The FT has a combined paid print and digital circulation of 840,000 and makes 60% of revenues from its journalism.
About GIS Planning
GIS Planning is the world leader in online economic development solutions. Over 17,000 U.S. cities in 43 states are served by GIS Planning’s Geographic Information System (GIS) Software, which provides real estate, demographic, and industry data to help businesses and site selection professionals select optimal geographic locations through powerful online mapping analysis. GIS Planning’s software as a service helps local communities grow their economies through business investment.
The latest announcements from fDi Intelligence, international press coverage and media contacts.
Latest fDi announcements
New York City claims the title as the top city in the Americas for inward investment attractiveness but the fast-rising São Paulo is proving a fierce competitor. Despite a 16% global decline in FDI in 2012, New York has remained the top destination for FDI into the Americas and was named fDi Magazine’s American City of the Future 2013/14. São Paulo followed closely in second and Toronto in third.
fDi Magazine’s second global ranking of economic zones has awarded Dubai Airport Free Zone the title of Global Free Zone of the Future 2012/13.
The UK recorded an increase of 13% in FDI project numbers, capital investment in the UK increased by 48% and FDI job creation by 33%, according to a report released by fDi Intelligence. The number of FDI projects in Europe declined by 3% in 2011, with a mixed performance across countries.
The number of FDI projects in Europe declined by 3% in 2011, with a mixed performance across countries, according to a report released by fDi Intelligence. In terms of total job creation, FDI in Russia generated the highest number of new jobs, with 89,047 jobs created in 2011 compared to 66,817 in the UK. This was despite a decline in FDI in Russia in 2011.
China, India and Singapore attracted 2485 of the 4330 FDI projects into Asia-Pacific, according to a report released by fDiIntelligence. India was the strongest performing country with a 21% growth in FDI projects in 2011, following just 1% growth in 2010. India and China achieved an increase in capital investment of 15% and 3% respectively.
The Middle East and Africa (MEA) attracted a total of 1530 projects, according to a report released by fDi Intelligence. Capital investment was down slightly by 1% and job creation up by 3%. The top 10 countries for FDI attracted 64% of projects and capital investment, and 54% of jobs created.
The Canadian province of Alberta and the US states of New Jersey, Massachusetts and Pennsylvania have posted the most impressive growth figures in FDI in a report released by fDiIntelligence. Alberta recorded a 54% growth in FDI projects in 2011, New Jersey followed closely with 53%, Massachusetts (38%) and Pennsylvania (29%).
Brazil dominated FDI in the Latin America and Caribbean region in 2011, attracting 491 projects – 36% of the total number in the combined region – last year, according to a report released by fDi Intelligence.
fDi in the News
15th September 2014
Considered the only reputed Free Zones Rankings around the globe, fDi Magazine rankings are based on several criteria such as outstanding performance, growth and expansion plans, and presence of high growth industries." Dr. Al Zarooni added "The key objective of participating in the Global Free Zones Ranking is to benchmark our performance with the world renowned Free Zones and determine our position in the Free Zones world map."
August 1st 2014
This clearly demonstrates the success of the island economy’s efforts in positioning itself as a preferred financial hub for investments into Africa, as well as Asia. The Financial Times released the fDi Report 2014 in its fDi intelligence publication to show an overall increase in projects out of Middle East and Africa, such that FDI grew 21.81% over 2012 to reach a total of USD 48.02 billion. However, project numbers and job creation declined by 11.54% and 26.41% respectively. The UAE remained the leading country in the MEA region for outward FDI with USD 14.68 billion capital investment accounting for 30.56% market share, followed by Kuwait with USD 10.73 billion capital investment and 22.35% market share.
July 21st 2014
fDi Markets says that in March, 228 foreign companies invested in 254 projects in western Europe, spending $11.34bn and creating 20,458 jobs. In April, the number of new projects dropped to 249 by 217 companies, and continued to fall to 188 projects by 164 companies in May. Capital investment dipped to $5.63bn in April, down 50.4% from March. There was a slight rise in May, with a capital investment of $6.21bn.
June 11th 2014
Washington along with her appreciation for increased investment from the U.S. as well as from Germany and Russia. Instead of having to take her word for it, the dozen attendees at a breakfast meeting at the World Trade Center Atlanta in Buckhead learned that the Financial Times Group’s fDi Magazine named Budapest, Hungary’s capital, as the most attractive Central and Eastern European city for foreign direct investment (FDI) in 2014. Wroclaw and Katowice, Poland, were ranked second and third in the category.
June 10th 2014
Financial Times’ FDi Magazine recognises Jafza the Best Free Zone in the Middle East for large multinationals
Salma Ali Saif Bin Hareb, CEO of Economic Zones World and Jafza, commenting on the fDi awards said: “We are delighted to be recognized as fDi Free Zone of the Year 2014 for “Large Tenants” – Middle East and North Africa, as well as, fDi Free Zone of the Year 2014 for “Large Tenants” – United Arab Emirates. The awards reaffirm Jafza’s unique position as the most favoured investment destination for large multinationals across the world. I attribute Jafza’s remarkable achievements to our most committed and efficient team that continues to help Jafza maintain its invincible leadership status today and the times to come.”
June 9th 2014
Dubai, UAE; 9 June 2014: DMCC , the Government of Dubai Authority with a mandate to enhance Dubai's position as a global gateway for commodity trade and enterprise, has been named by fDi Magazine as Free Zone of the Year for SMEs - Middle East & Africa and Free Zone of the Year for SMEs - UAE in their Middle East Free Zones of the Year rankings and awards for 2014 / 2015.
May 29th 2014
It now wants the law establishing the authority's amended to compel all new foreign businesses to register with it to ensure close and timely monitoring of trends in underperforming foreign direct investments. He said it was “tricky” to track FDI inflows, a situation that has forced it to subscribe to fDi Intelligence–a London based bimonthly magazine. The Magazine's data puts Kenya's FDI inflows year to date at Sh29.97 billion($341.2 million).
May 22nd 2014
Ontario, Texas, California, Quebec and Louisiana took the top five slots for attracting "greenfield investment," or new projects or major investments by foreign investors, according to the fDi Report, an annual assessment based on the fDi Markets database of the Financial Times. The report ranked states by the amount of capital investment, rather than number of projects, as had been the case in previous years. So they are not apples-to-apples comparisons to 2012 and 2011, when Illinois was No. 8 and No. 9, respectively.
May 19th 2014
10. Tangier-Tetouan, Morocco
Tangier, a city in northern Morocco, is home to the Tangier Free Zone which was ranked in sixth position in fDi Intelligence’s Global Free Zones of the Future 2012/13. “An extended metropolitan region is growing around Tangier, which has become North Africa’s largest container port.”
11. Algiers, Algeria
Algiers is a province in Algeria and holds the country’s capital of the same name. EY ranks the area in 11th position in Africa, with a share of 1.9% of FDI projects between 2007 and 2013.
May 7th 2014
fDi Intelligence, a unit of the Financial Times, provides project data to UNCTAD and in respect of 2012 it put the level of new projects (in respect of existing firms and new) at 812 in the UK and 147 in Ireland. The chart here shows that jobs in FDI exporting firms in Ireland in 2013 were below the level in 2000 -- 13 years ago -- despite a 22% rise in the overall size of the workforce.
May 6th 2014
fDi Intelligence, the largest centre for assessing foreign direct investments worldwide, has ranked two Serbian free zones, Pirot and Zrenjanin, 41st and 48th respectively on the list of 50 most attractive zones for foreign direct investments in the world. How do free zones in Serbia operate in practice? If you ever find yourself in a free zone, this should be immediately apparent to you, as it must be clearly marked as a free zone, particularly at entrances and exits, and river-side as well, if the zone has river access.
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