DUBLIN (dpa-AFX) - Experian plc (EXPN.L) announced it has signed an agreement to acquire The 41st Parameter Inc, a provider of fraud detection services, based in the US, for an aggregate purchase price of $324 million. Experian plc expects the deal to be broadly earnings per share neutral in the year ending 31 March 2014.
Experian said the acquisition increases its presence in the fraud prevention market, and complements the company's existing activities in fraud detection and online authentication. It also extends Experian's presence into web fraud transaction protection.
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