RELX Group to acquire fraud detection specialists ThreatMetrix for £580mn

By Johan De Mulder

RELX Group, the leading information and analytics provider, has confirmed an agreement to buy ThreatMetrix in a deal worth £580mn.

ThreatMetrix, an American company but with European offices in London, Paris and Amsterdam, specialises in detecting fraud in up to 100mn transactions every day. 

RELX Group, headquartered in London, will add ThreatMetrix to its Risk & Business Analytics division, taking advantage of its strong client relationships across financial services, e-commerce, and media sectors.

See also:


"ThreatMetrix is widely recognised as a leader in the digital identity space," said Mark Kelsey, Risk & Business Analytics CEO.

"Bringing that together with our own strengths in physical identity attributes will give our clients across all forms of commerce and geographies a more reliable, comprehensive approach to fraud and identity risk management."

With customers in over 180 countries, RELX Group employs over 30,000 workers and has annual revenues of nearly £7bn. The transaction in expected to complete in the first half of 2018, with no impact expected on the group's 2018 earnings.

Share
Share

Featured Articles

DHL, AbbVie and Hilton among best places to work in Europe

The Best Workplaces in Europe are successfully navigating choppy economic waters, while also fighting hard to retain and invest in their people

Abu Dhabi Airports prepares for Terminal A opening

A decade in the making, Abu Dhabi International Airport welcomes 6,000 volunteers to test operational readiness of stunning new Terminal A building

Business Chief expands portfolio with new look and coverage

Business Chief Middle East & Africa launches with fresh new look and extended coverage of the region, with exclusive executive interviews and insights

How Octopus Energy grew to become an industry giant

Sustainability

Perkbox CEO: How to support employees through tough times

Human Capital

How Middle East is embracing the future of digital finance

Corporate Finance