Relx acquires authentication group ThreatMetrix for £580m
Source - SMW
Information and analytics company Relx said it had acquired authentication group ThreatMetrix for £580m.
ThreatMetrix's technology analyses connections among devices, locations, identity information and threat intelligence, Relx said.
It would become part of Relx's risk and business analytics division, which, under the LexisNexis Risk Solutions brand, addresses fraud and authentication challenges.
The transaction was subject to customary conditions and regulatory consents and was expected to close during the first half of 2018.
It was not expected to have a material impact on Relx's earnings in 2018, the company said.
At 9:09am: (LON:REL) RELX Plc share price was +1.25p at 1562.75p