Officials with the information and insights company TransUnion announced on Tuesday that the company has signed a definitive agreement to acquire the intelligent identity security company Sontiq for $638 million.
"As online commerce rapidly accelerates, TransUnion has calibrated its business to address consumer and customer challenges relating to identity," Chris Cartwright, president/CEO of TransUnion, said. "Augmenting our Consumer Interactive business with Sontiq's identity and cyber protection services will advance our work to enable consumers and businesses to transact with greater certainty."
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