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

Middle East GDP hike of 57% if more women join workforce

By tapping into the potential of next-generation female workers, the MENA region could unlock new economic opportunities, up to US$2 trillion, reports PwC

Dialight supplies LED solutions for industrial safety

Reliance on inefficient lighting technologies are not only harmful to the environment, but also increase injury risk and cost

Top 10: Tech, AI, cloud, cyber speakers at TECH LIVE LONDON

TECH LIVE LONDON events sees technology leaders from IBM, Oracle, Vodafone, JP Morgan, Accenture and the US Space Force among the inspirational speakers

Cyber LIVE adds Vodafone head of cyber Kawalec to line-up

Leadership & Strategy

Musk’s multibillion hostile Twitter takeover – the timeline

Leadership & Strategy

Sustainable moves businesses can make to win customers, IBM

Sustainability