Abt Associates buys NYC firm

Abt Associates, of Cambridge, has acquired the research and strategy firm SRBI, of New York City, in a bid to expand and strengthen its data-collection and survey-research capabilities.

Financial terms were not disclosed.

SRBI, which stands for Schulman, Ronca & Bucuvalas Inc., will operate as a wholly owned subsidiary of Abt Associates, which is led by president and chief executive Mark Schulman, Abt said.
(By Chris Reidy, Globe staff)