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March 14, 2008
MDA announces strategic acquisition in the U.S. financial services sector
MacDonald, Dettwiler and Associates Ltd. announced a strategic expansion of its Information Products business in the United States. The Company has entered into a definitive agreement to acquire certain lender solution businesses from TransUnion LLC's Real Estate Services division.
The acquired business includes collateral valuation solutions, property search solutions, mortgage credit solutions, closing solutions, and flood compliance solutions, all of which are designed to drive time, cost, and risk out of the residential lending cycle.
Posted by S. Germain at March 14, 2008 08:39 AM