man signing tech acquisition form with digital security locks surrounding the form Source: Shutterstock.

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.”

Michael Ogden

Editor-in-Chief for CU Times.

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