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Cravath, Troutman Sanders Steer $375M ID Analytics Buy

New IdentityTheft Scam

Law360 (January 13, 2020, 1:27 PM EST) — NortonLifeLock said Monday it will sell ID Analytics, its credit and fraud risk business, to LexisNexis Risk Solutions in a $375 million deal steered by Cravath Swaine & Moore LLP and Troutman Sanders LLP.

The sale of ID Analytics LLC will allow NortonLifeLock Inc. to focus on its consumer cyber-safety business, while LexisNexis Risk Solutions will bolster its data and analytics capabilities, the announcement said. LexisNexis is a unit of RELX Group PLC, a U.K.-based publisher and analytics company that also owns Law360.

ID Analytics focuses on credit and fraud risk services for enterprise-level companies. Its credit risk business provides alternative…

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Source: on 2020-01-13 13:22:30

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