First Data completes Intelligent Results acquisition

Source: First Data

First Data Corp. (NYSE: FDC), a global leader in electronic commerce payments, today announced that it has completed its acquisition of Intelligent Results, a customer data analytics and decision management software company.

As previously disclosed, this strategic acquisition will provide the data analytics, predictive modeling and expertise to support development and enhancement of products. It also supports the company's key strategies of growing the core business and expanding its product offering with special focus in fraud, loyalty and customer contact - three primary areas of focus for First Data's clients. Intelligent Results' proprietary customer analytics and decision management platform is used by clients in the financial services, utilities and government services markets.

Financial terms were not disclosed.

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