Data analytics provider RELX Group has agreed to acquire
San Jose, Calif.-based ThreatMetrix analyzes connections among devices and locations, as well as other identity information through its Digital Identity Network, covering 35,000 websites from 5,000 customers.
RELX, which operates in the medical and science industries as well as business risk management, views ThreatMetrix's behavioral analytics as a critical component for real-time risk monitoring and digital identification. The Digital Identity Network analyzes more than 100 million transactions per day, making it one of the largest repositories of online digital identities in the world, RELX said in a Monday press release.
When the deal is officially completed, ThreatMetrix will become part of RELX's Risk & Business Analytics for the group, which under the LexisNexis Risk Solutions brand addresses fraud and authentication challenges by applying advanced analytics to physical identity attributes.
“ThreatMetrix is widely recognized as a leader in the digital identity space," Mark Kelsey, Risk & Business Analytics CEO for RELX, said in the release. "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 while maintaining the privacy and security principles our customers have come to expect."
LexisNexis Risk Solutions already has an established commercial partnership with ThreatMetrix, including ThreatMetrix’s device intelligence solutions in its Risk Defense Platform. Further integration of ThreatMetrix’s capabilities in device, email and social intelligence will build a more complete picture of risk in today’s global, mobile digital economy, providing both physical and digital identity solutions.
“Our partnership with LexisNexis Risk Solutions over the past two years has fully demonstrated the strong synergies between our two organizations," Reed Taussig, president and CEO of ThreatMetrix, said in the release. "Over the past 10 years, the ThreatMetrix team has pioneered the digital identity space, and by combining the strength of LexisNexis Risk Solutions and ThreatMetrix into a single business, our customers, partners, and employees will benefit with a unique and compelling market opportunity.”
RELX Group operates out of offices in London, Amsterdam and New York.
