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FICO (FICO) to Acquire Adeptra Ltd

August 16, 2012 4:33 PM EDT
FICO (NYSE: FICO) today announced it has entered into a definitive agreement to acquire Adeptra Ltd., a leader in cloud-based customer engagement and risk intervention solutions based in Reading, UK and Norwalk, Connecticut. Adeptra's SaaS (software as a service) platform enables leading financial services institutions and other businesses to take advantage of the explosion in mobile communication in order to manage risk, fight fraud and dramatically improve the customer experience, all in real time.

FICO will acquire Adeptra for an all-cash purchase price of $115 million, subject to typical post-closing adjustments.


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