Forrester acquires Jupiter, creating monopoly in Internet quote-factory market
Analyst firms exist for two reasons: First, to dispense words posing as wisdom, for free, to journalists, as a publicity scheme to get their name out. Second, to dispense words posing as wisdom, for large sums of money, to corporations, who have read their quotes in the press. Forrester Research is acquiring JupiterResearch, which will have the salubrious effect of reducing the wear and tear on reporters' phone keypads. And instead of two wrong predictions? Only one. We hope the antitrust authorities do not block this deal.