RELX Group’s £580 Million Acquisition of ThreatMetrix


Cravath is representing RELX Group in connection with the transaction

ThreatMetrix is a leader in the global risk-based authentication sector, headquartered in San Jose, California and founded in 2005. ThreatMetrix’s technology analyses connections among devices, locations, anonymised identity information and threat intelligence, and combines this data with behavioural analytics to identify high-risk digital behaviour and transactions in real time.

ThreatMetrix has strong client relationships across financial services, e-commerce, and media sectors and offers authentication solutions for account origination, payments, “card not present” transactions and account logins.

ThreatMetrix’s Digital Identity Network analyses over 100 million transactions per day across 35,000 websites from 5,000 customers. This makes it the one of the largest repositories of online digital identities in the world, encompassing 1.4 billion unique online identities from 4.5 billion devices in 185 countries.

ThreatMetrix will become part of Risk & Business Analytics, which under the LexisNexis Risk Solutions brand addresses fraud and authentication challenges by applying advanced analytics to physical identity attributes, including identity credentials, addresses and asset ownership.

LexisNexis Risk Solutions already has an established commercial partnership with ThreatMetrix, including ThreatMetrix’s device intelligence solutions in its Risk Defense Platform. Further integration of ThreatMetrix’s capabilities in device, email and social intelligence will build a more complete picture of risk in today’s global, mobile digital economy, providing both physical and digital identity solutions.

The Cravath team is led by partners Aaron M. Gruber (Picture) and Mark I. Greene and includes associates Shamil P. Kotecha, John Knight and Edward O. Minturn on M&A matters; partner David J. Kappos and associate Miling Y. Harrington on intellectual property matters; partner Eric W. Hilfers and associates Matthew J. Bobby and Peretz Riesenberg on executive compensation and benefits matters; partner J. Leonard Teti II and associates Kiran Sheffrin and Andrew L. Mandelbaum on tax matters; partner Matthew Morreale on environmental matters; senior attorney Joyce Law and practice area attorney Brian M. Budnick on real estate matters; partner Christine A. Varney and senior attorney Jesse M. Weiss on antitrust matters; and partner John D. Buretta and associate Megan Y. Lew on compliance matters. Patrick S. Taylor worked on M&A matters, Jessica M. Goodman worked on intellectual property matters and Alison E. Beskin worked on executive compensation and benefits matters.

Involved fees earner: Aaron Gruber – Cravath Swaine & Moore; Mark Greene – Cravath Swaine & Moore; Shamil Kotecha – Cravath Swaine & Moore; John Knight – Cravath Swaine & Moore; Edward Minturn – Cravath Swaine & Moore; David Kappos – Cravath Swaine & Moore; Miling Harrington – Cravath Swaine & Moore; Eric Hilfers – Cravath Swaine & Moore; Matthew Bobby – Cravath Swaine & Moore; Peretz Riesenberg – Cravath Swaine & Moore; J. Leonard Teti II – Cravath Swaine & Moore; Kiran Sheffrin – Cravath Swaine & Moore; Andrew Mandelbaum – Cravath Swaine & Moore; Matthew Morreale – Cravath Swaine & Moore; Joyce Law – Cravath Swaine & Moore; Brian Budnick – Cravath Swaine & Moore; Christine Varney – Cravath Swaine & Moore; Jesse Weiss – Cravath Swaine & Moore; John Buretta – Cravath Swaine & Moore; Megan Lew – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: RELX Group plc;

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Author: Ambrogio Visconti