News
First Data closes acquisition of Intelligent Results
March 1, 2007
OMAHA, Neb. - First Data Corp. has completed its acquisition of Intelligent Results, a customer-data-analytics and decision-management software company.
According to a news release, the acquisition is expected to provide First Data with the data analytics, predictive modeling and expertise needed to support product development and enhancement. It also supports the company's key strategies of growing its core business and expanding its product offering with special focus in fraud, loyalty and customer contact.
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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