June 3, 2009 - Informatica Corporation has announced the acquisition of AddressDoctor, a provider of global address validation technology.
Headquartered in Germany, AddressDoctor offers services and technology to perform address validation for 240 countries and territories. These capabilities include support for multiple levels of addressing that include street level, delivery point validation and geocoding. This acquisition extends Informaticas position in the data quality tools market.
Too many businesses today are compromised because of inaccurate data, especially outdated or inaccurate addresses related to their customers, said Sven Schreiber, managing director of AddressDoctor, in a statement. 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.
Forrester Analyst Rob Karel writes that the acquisition brings Informatica closer to competitors IBM and DataFlux, and with the earlier acquisition of Identity Systems adds up to just the appetizers for Informatica as the company tries to position itself as a market share leader in the MDM market.
AddressDoctor currently partners with IBM and DataFlux and other prominent vendors, including Experian QAS, Melissa Data and Siperian. Informatica stated that it remains committed to providing these partners with the critical global address validation technology that each partner has come to rely upon.
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