GlobalSpec was founded in 1996 with a 40 million dollar investment from Warburg Pincus and claims to have over 7,000,000 registered users. Globalspec acquired by IHS earlier in 2014. In 2016, IHS sold to IEEE-The Institute of Electrical and Electronics Engineers. On July 31, 2020, San Francisco based Compare Networks Inc. bought Globalspec.
GlobalSpec is not like most Industrial directories in 2 ways. First, it requires registration with username and password, and provides these details to advertisers. Second, Globalspec wants to keep the user within GlobalSpec versus directing to advertiser’s websites.GlobalSpec has branched into searchable catalogs, newsletters, online events, online trade shows and a banner advertising network.Global Spec has a basic directory with their Spec Search technology allowing the user to select their choices by attributes of the product or service.Buyers compare different catalogs and products from different manufacturers. Ranking is by Alphabetical sort for all companies followed by non-paid listings with much less information.The big push with GlobalSpec is “lead nirvana” based on providing full contact information. Cost for Directory programs are $18,000 for a one year period and they often offer a 6 month trial program.See Press Releases section for the full article.