The business, being acquired for £580m in cash, will become part of LexisNexis
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The RELX Group is acquiring ThreatMetrix for £580m in cash to boost its LexisNexis business.
The business will become part of the “Risk & Business Analytics” offering of LexisNexis Risk Solutions, RELX said.
Founded in 2005, the US-based ThreatMetrix is a cybersecurity company that specialises in risk-based authentication. Its technology identifies high-risk digital behaviour by combining data gleaned from device connections, locations, anonymised identity information, and threat intelligence with behavioural analytics.
The company’s digital identity network one of the largest repositories of digital identities in the world, with 1.4 billion unique online identities from 4.5 billion devices in 185 countries. ThreatMatrix’s technology analyses more than 100 million transactions every day.
ThreatMetrix already has a commercial partnership with LexisNexis. The acquisition means further integration of the cybersecurity company’s technologies in LexisNexis’ device, email, and social media intelligence offerings.
LexisNexis recently added a new cybersecurity module to its platform in Australia. It also recently launched a new consulting service in the country.
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The business will become part of the “Risk & Business Analytics” offering of LexisNexis Risk Solutions, RELX said.
Founded in 2005, the US-based ThreatMetrix is a cybersecurity company that specialises in risk-based authentication. Its technology identifies high-risk digital behaviour by combining data gleaned from device connections, locations, anonymised identity information, and threat intelligence with behavioural analytics.
The company’s digital identity network one of the largest repositories of digital identities in the world, with 1.4 billion unique online identities from 4.5 billion devices in 185 countries. ThreatMatrix’s technology analyses more than 100 million transactions every day.
ThreatMetrix already has a commercial partnership with LexisNexis. The acquisition means further integration of the cybersecurity company’s technologies in LexisNexis’ device, email, and social media intelligence offerings.
LexisNexis recently added a new cybersecurity module to its platform in Australia. It also recently launched a new consulting service in the country.
Related stories:
Cybersecurity threat module added to online legal resource
Legaltech giant launches new consulting service
