8-KMaterial AgreementsRegulation FDExhibits & Filings

FAIR ISAAC CORP 8-K Report, Material Agreement (Aug 17, 2012)

Filed August 17, 2012For Securities:FICO

Summary

Fair Isaac Corporation (FICO) announced a significant strategic acquisition on August 16, 2012, through its wholly-owned subsidiary, FICO Holdings. The company entered into an Equity Purchase Agreement to acquire all outstanding equity interests of Adeptra Limited for $115 million in cash. This acquisition is expected to close in September 2012, subject to customary closing conditions and post-closing adjustments. This move signals FICO's intent to expand its operations and market presence. The press release and conference call slides accompanying this filing (Exhibits 99.1 and 99.2) provide further details on the strategic rationale and expected benefits of this acquisition, which investors should review for a comprehensive understanding of the transaction's impact.

Key Highlights

  • 1FICO to acquire Adeptra Limited for $115 million in cash.
  • 2Acquisition to be made through FICO's wholly-owned subsidiary, Fair Isaac Software Holdings Limited.
  • 3Transaction is expected to close in September 2012.
  • 4The agreement is subject to customary closing conditions and post-closing adjustments.
  • 5The filing includes a press release and conference call slides for additional details.
  • 6This represents a material definitive agreement entered into by FICO.
  • 7The acquisition signals a strategic expansion for FICO.

Frequently Asked Questions

This Form 8-K filing is primarily to announce that Fair Isaac Corporation (FICO) has entered into a material definitive agreement to acquire Adeptra Limited for $115 million in cash.

FICO is acquiring Adeptra Limited, an English limited liability company, for $115 million in cash. The acquisition will be conducted through FICO's subsidiary, Fair Isaac Software Holdings Limited.

The transaction is expected to be consummated in September 2012, pending the satisfaction of customary closing conditions.

Additional details can be found in the attached Exhibits 99.1 (Press Release) and 99.2 (Slides for Conference Call) to this Form 8-K filing.