Experian acquires Prologia
Experian, the global information solutions company, has strengthened its leading position in the market for decision support, analytics for risk management with the acquisition of Prologia, a software company specialising in financial risk planning and management.
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Prologia is particularly strong in the French mortgage sector.
Created in 1984, Prologia has been part of the Air Liquide services group since 2000. Prologia will become part of Experian-Scorex, Experian's specialist decision support business, and will enable Experian-Scorex to enlarge its portfolio of risk management solutions.
"Decision solutions is a key activity of Experian and we continue to invest both in research and development as well as in acquisitions. Prologia brings us its expertise and knowledge of the property market, which is key to the banking and finance sectors. We will be better armed and positioned to answer their needs. This acquisition further emphasisies our market-leading role in the decision support arena," said Roger Aubrook, President of Experian-Scorex.
Anne-Françoise Douix, Managing Director of Prologia, added: "We are really proud of becoming part of Experian. The combination of our complementary product portfolios will strengthen both our companies, providing our clients with more advanced solutions, while giving Prologia immediate access to international markets for its solutions."
The acquisition is consistent with Experian's global strategy of acquiring complementary businesses that provide new products, new data or entry into new vertical or regional markets, while leveraging the core assets of Experian.