Information services company Experian has acquired Decisioning Solutions, which provides a hosted, Software-as-a-Service (SaaS) customer acquisition platform.
Decisioning Solutions provides SaaS solutions to small and mid-tier companies, including financial institutions and telecommunication companies in the US and Canada, to manage their customer acquisitions and loan originations.
Experian made the acquisition because it believes the business provides it with a scalable, cross-industry global platform to complement its existing mid- and large-tier, on-premise and country specific solutions.
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In a statement the group said: "It is a further step in Experian's strategy to extend its global lead in credit information and analytics and will form part of Experian's Decision Analytics activities."
The acquisition has been funded from Experian's existing cash resources.
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