TransUnion to obtain the majority of Neustar for $3.1B

Chicago-based consumer credit reporting agency TransUnion came across an agreement to acquire Reston-based identity management technology company Neustar Inc’s marketing for $3.1 billion in cash.

The Neustar securing is relied upon to produce roughly $575 million in income and $115 million in changed EBITDA in 2021, as indicated by a TransUnion news discharge.

“TransUnion and Neustar share a similar strategic vision, culture, and focus on building innovative identity-based solutions which enable trusted connections between companies and people,” Neustar President and CEO Charlie Gottdiener said in a statement.