LexisNexis Risk Solutions Acquires Lumen from Numerica Corp., Haywood Talcove Quoted

LexisNexis Risk Solutions announced on Tuesday that the company is acquiring all Lumen's assets, an integrated data platform owned by the Numerica Corporation.

"Over the last seven years, we have successfully developed and commercialized the Lumen product line," said Jeff Poore, Numerica Corporation president. "We are excited for our technology to continue to support the important mission of public safety with expanded capabilities from LexisNexis Risk Solutions. This was a strategic decision to allow an even greater focus on our core security and defense business to better meet current needs within those markets."

The acquisition expands LexisNexis' public safety solutions and Lumen customers will also gain access to a larger law enforcement network with additional solutions, new data sets and advancements in analyzing and response to crime to solve cases faster and support officer safety initiatives.

"The acquisition of the Lumen product line of Numerica continues our 20-year investment and commitment to the public safety sector," said Haywood Talcove, CEO of LexisNexis Risk Solutions. "We will continue to foster innovations that have made both LexisNexis Risk Solutions and Numerica leaders in the marketplace. We look forward to working with our joint customers and welcoming the new police agencies, including the Colorado Information Sharing Consortium."

CISC is a government legal entity with a Board of Directors of nearly a dozen sheriffs, police chiefs, and or top commanders from Colorado law enforcement agencies sharing data. CISC was founded in 2014 to fund technology tools to connect member agency information, avoid duplication, share costs and prevent crime while protecting civil liberties.

"The CISC Board of Directors and team look forward to this new relationship with LexisNexis Risk Solutions; one that will help our member agencies provide exceptional public safety services to Colorado citizens for many years to come," said Vince Line, bureau chief, Arapahoe County Sheriff's Office and CISC board chair.

About LexisNexis Risk Solutions

LexisNexis Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions to benefit people around the globe. We provide data and technology solutions for a wide range of industries including insurance, financial services, healthcare and government.

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