Interactive Data Acquires DirectoryNET

Interactive Data, a leading provider of contact accuracy services has announced the acquisition of DirectoryNET, a leading provider of directory assistance and business intelligence solutions.
 
John Schaeffer, President of Interactive Data said, “DirectoryNET has a long history of providing leading edge solutions to the financial, collections and debt buying communities. By combining these services with Interactive Data’s suite of highly accurate contact-based services we can now provide customers with a comprehensive and powerful set of new solutions”.
 
Michael J. Musso, CEO of DirectoryNET said, “In a rapidly changing world of technology and data sets, the concept of “buy versus build” has never made more sense. John Schaeffer’s vision of assembling a best-of-breed solution to meet the needs of our combined customers is exciting news.”
 
The terms of the acquisition were not made public but Schaeffer said that he expected a seamless transition for DirectoryNET customers. “Our staff is excited about supporting DirectoryNET’s impressive list of customers with great customer service and expanded ID Solutions. I feel this is truly a win-win opportunity”.

Interactive Data LLC is an industry leader in locating and identifying individuals that are typically difficult to find.

Founded in 1990 as one of the charter companies in electronic directory assistance industry, DirectoryNET, LLC provides directory assistance and business intelligence solutions for a wide variety of businesses, such as credit granting and collection agencies, hotels, insurance agencies, and legal entities.