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Equifax to buy IXI, Va.-based consumer data firm, for $124 million

By Paul Donsky
Oct 21, 2009

Atlanta-based Equifax, one of the nation’s largest credit bureaus, announced Wednesday that it will spend $124 million to acquire IXI Corp., a McLean, Va. firm that closely tracks  the assets, income and spending activity of consumers.

“The caliber and breadth of intelligence and data we’ll offer will significantly improve the opportunities for our clients to acquire, expand and retain customer relationships,” Dann Adams, president of Equifax Consumer Information Solutions, said in a news release.

Equifax is scheduled to release its third-quarter earnings this afternoon.

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