Experian buys Brazilian cyber security firm ClearSale in $350 million deal

Experian buys Brazilian cyber security firm ClearSale in $350 million deal

The Star Online - Tech·2024-10-05 08:01

SAO PAULO (Reuters) -Credit data company Experian has agreed to buy Brazilian cyber security firm ClearSale, it said on Friday, in a $350 million expansion of its footprint in Latin America's largest economy.

Experian, whose local subsidiary Serasa has a leading position in credit information in Brazil, said it is betting on the "highly complementary" deal to enhance its identity and fraud (ID&F) business in the country.

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