Redwood City, Calif. -- Informatica, a Redwood City-based developer of data integration software, said that it will pay $85 million in cash to acquire Identity Systems, a Connecticut-based developer of data search and matching technology, from parent Nokia.The deal is expected to close by the end of May. Identity Systems offers a set of "fuzzy" algorithms that support identity search and matchingacross extremely large volumes of data. The company was founded in 1986 and became an independent division of Nokia in 2006.
http://www.informatica.com/news/press_releases/2008/04172008b_identity.htm
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