CoreLogic Acquires CDS Business Mapping, LLC
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"The use of CoreLogic Spatial Solutions data and analytics has been expanding rapidly over the past several years in response to a growing demand by our clients for real-time geocoded property and hazard-related data, analytics and risk management services," said President and Chief Executive Officer
"CDS is an established market leader with a scalable, subscription-based software as a service, or SaaS, business model. CDS's RiskMeter Online™ distribution platform and extensive client roster allows
CDS will be integrated into the existing CoreLogic Spatial Solutions business and combined financial results will be reported within the Company's Data and Analytics segment. The transaction closed on
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Certain statements made in this press release are forward-looking statements within the meaning of the federal securities laws, including but not limited to those statements related to the expectations around the acquisition and the financial impact on the Company and the Company's future revenue and earnings growth and future EPS performance. Risk and uncertainties exist that may cause the results to differ materially from those set forth in these forward-looking statements. Factors that could cause the anticipated results to differ from those described in the forward-looking statements are set forth in Part I, Item 1A of our most recent Annual Report on Form 10-K for the year ended
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