KDnuggets : News : 2002 : n16 : item17    (previous | next)

Briefs

Fair, Isaac Completes Merger With HNC Software

Fair, Isaac and Company Incorporated announced that it has completed its previously announced merger with HNC Software Inc. The move expands Fair, Isaac's global leadership in analytics and decision management technologies, and positions the company to deliver the most powerful line of solutions and software that help businesses build customer relationships, increase profits and manage risk.

The announcement follows receipt of regulatory clearance for the merger plan on August 1st, 2002, and approval by the stockholders of Fair, Isaac and HNC on July 23rd, 2002. Under the terms of the agreement between the two companies, HNC shareholders will receive 0.519 of a newly issued share of Fair, Isaac common stock for every share of HNC common stock.

For more information, visit www.fairisaac.com


KDnuggets : News : 2002 : n16 : item17    (previous | next)

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