RELX Group to Buy ThreatMetrix for GBP580 Million

By FeaturesDow Jones Newswires

RELX PLC (REL.LN) said Monday that it plans to buy U.S. authentication company ThreatMetrix for 580 million pounds ($818.8 million) in cash.

The Anglo-Dutch provider of information and analytics said ThreatMetrix will become part of its risk and business analytics unit.

Continue Reading Below

ThreatMetrix's technology analyzes connections among devices, locations, anonymized identity information and threat intelligence. It then combines this data with behavioral analytics to identify high-risk digital behavior and transactions in real time.

The acquisition is subject to regulatory consents and is expected to close during the first half of 2018, RELX said. It said the deal isn't expected to have a material impact on 2018 earnings.

Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

(END) Dow Jones Newswires

January 29, 2018 02:57 ET (07:57 GMT)

Continue Reading Below