Equifax to Acquire IXI Corporation

http://www.reuters.com/article/pressRelease/idUS132122+21-Oct-2009+PRN20091021
http://www.ixicorp.com/PDFs/Equifax-to-Acquire-IXI-Corporation.pdf

Equifax Inc. (NYSE: EFX) announcedtoday it has reached a definitive agreement to acquire IXI Corporation, aleader in collecting, analyzing and delivering consumer wealth and asset data. Equifax will pay $124 million in cash for the company.

IXI's data, sourced through more than 95 leading banks, brokerage firms andother financial entities, is the most comprehensive database of invested anddeposited consumer wealth in the country. IXI directly measures data on morethan $10 trillion in U.S. consumer assets and investments, representing morethan 42 percent of all U.S. consumer invested assets.

Covenant Partners, a hedge fund, was investor in IXI. http://people.forbes.com/profile/john-harrison/39863