Wednesday, June 3, 2009

INFORMATICA ACQUIRES ADDRESS DOCTOR

Informatica Corporation (NASDAQ: INFA), the leading independent provider of data integration software and services, today announced the acquisition of AddressDoctor, a pioneer and leader in global address validation technology. AddressDoctor offers technology to perform global address validation for more than 200 countries and territories. These capabilities include support for multiple levels of addressing such as street level, delivery point validation and geocoding.

Informatica’s market leading Data Quality solution enables customers to trust their data and the acquisition of AddressDoctor extends Informatica’s leadership in the Data Quality Tools Market. With the acquisition, Informatica again demonstrates the company’s commitment to providing customers with the most advanced data quality products. By adding best-in-class global address validation, Informatica customers are ensured that this critical component is deeply integrated as part of a comprehensive data quality product offering.

“Global address validation is a critical element of data quality and AddressDoctor is recognized as providing leading technology in the global address validation market,” said Ivan Chong, senior vice president and general manger, Data Quality, Informatica. “The combination of Informatica and AddressDoctor further advances our technology leadership in data quality by adding the preeminent address validation technology natively to our platform. The addition of AddressDoctor will enable Informatica to empower customers with the necessary performance and flexibility to increase the benefits of global address validation within their data quality initiatives.”

Leading customers worldwide, including Kempinski Hotels and Aramex, rely on AddressDoctor for global address validation. AddressDoctor partners with prominent companies such as: IBM, DataFlux, Experian QAS, Melissa Data and Siperian, as noted on the AddressDoctor website. Informatica remains committed to providing these partners with the critical global address validation technology that each partner has come to rely upon.

”Too many businesses today are compromised because of inaccurate data, especially outdated or inaccurate addresses related to their customers,” said Sven Schreiber, managing director, AddressDoctor. “AddressDoctor spends 100 percent of our time focused on global address validation. Together with Informatica, we will enable our customers to apply global address validation across a wider variety of applications.”