CoreLogic recently announced that it would buy two units from CoreLogic Inc. These two units included Marshall & Swift/Boechh and DataQuick Information Systems.
The real estate data analytics company said that it would pay $661 million for the two companies. Marshall & Swift/Boeckh offered valuation of residential and commercial properties, while DataQuick Information Systems was a firm on the property data and analytics information field.
The Irvine-based firm said that this transaction would expand CoreLogic's property and casualty insurance business. This latest acquisition would be expected to be included in its 2013 financial results.
CoreLogic also acquired Case-Shiller Indexes on a deal that was closed last March 20. Case-Shiller Indexes offered data on housing reports and was renamed as CoreLogic Case-Shiller Indexes after the acquisition.
According to the firm, the recent acquisition "underscores CoreLogic's ongoing commitment to provide comprehensive data, analytics and services to financial services, government and real estate professionals."
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