The deal will combine Radius’ Brand Growth Navigator framework with Illuminas’ strength in data science and technology and service-related industries.

The acquisition follows Radius’ recent acquisition of 7th Sense and its January 2024 acquisition of London-based Strive Insight.

Illuminas was founded in 2002 and is headquartered in Austin, US, with another office in Virginia.

Chip Lister, managing director at Radius Global Market Research, said: “Illuminas’ proven capabilities in technology-focused research and their expertise in supporting B2B companies make them an ideal partner for Radius.

“This partnership enhances our ability to deliver insights that address critical business challenges for our clients, especially in industries where technology and innovation are key drivers of success.”

Jay Shutter, principal and chief executive officer at Illuminas, said: “Our partnership with Radius will allow us to expand the reach and impact of our work.

“By combining our customer-focused methodologies with Radius’ strategic insights framework, we’ll be better equipped to deliver actionable research that empowers our clients to make confident, informed decisions.”