Experian expands Software-as-a-Service offering with acquisition of Decisioning Solutions. The Acquisition strengthens Experian’s global leadership position in customer acquisition and originations.
Experian® acquired Decisioning Solutions, a market-driven Software-as-a-Service (SaaS) provider, which will broaden the capabilities and strengthen the global reach of Experian’s originations and customer acquisition software products.
The acquisition will become part of Experian’s Decision Analytics business. The acquisition extends Experian’s global lead in credit information and analytics by packaging Decisioning Solutions’ powerful and proven multitenant, multilingual software with Experian’s consumer and commercial data, analytical expertise, and identity proofing and authentication technologies, all from a robust and flexible SaaS model. The offering will enable small, medium and large organizations to make secure, on-demand, analytics-based customer decisions so they can achieve and sustain significant growth.
Decisioning Solutions was founded in 2004 and is based in Canada. The acquisition has been funded from Experian’s existing cash resources.
Source: Experian Press Release