Asian Surveying & Mapping
Breaking News
China to Monitor CPEC Projects with Two Sensing Satellites
BEIJING: China is to launch two remote sensing satellites...
Half of all Australian Rooftops Could Go Solar, New Mapping Tool Reveals
Australian rooftops have enormous untapped potential for the installation...
Hong Kong Civil Aviation Department launches public consultation on unmanned aircraft regulations
Governments around the world are actively reviewing ways to...
Drone-based inspection and mapping sensor company wins 2018 AIA Startup Competition
Photius, a startup company developing "disruptive inspection and mapping...
Forest Survey of India Carries Out ‘Complete Revamp’ of Forest Fire Alerts System
DEHRADUN: The Forest Survey of India (FSI) has "completely...
UK Satellite Makes HD Colour Movies of Earth
A British spacecraft is now routinely making movies of...
Vietnam to Launch Micro Satellite in Late 2018
HANOI - Micro Dragon, a satellite made by Vietnamese...
China Opens Beidou Satellite Navigation Centre in Tunisia
China has opened its first overseas centre to promote...
Cyient and BlueBird Aero Systems Sign Joint Venture to Offer UAV Systems to Indian Defence and Industry
CHENNAI, India, and HYDERABAD, India, and KADIMA, Israel -...
Ukraine Seeks to Build High-Resolution Earth Observation Constellation, Subject to Funds
The proposed national space programme of Ukraine for 2018-2022,...

April 16th, 2018
CoreLogic Acquires a la mode technologies, LLC

IRVINE, Calif. – CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, today announced the completion of the Company’s acquisition of a la mode technologies, LLC (a la mode). a la mode provides subscription based software solutions to more than 40,000 appraiser professionals across the United States. The software solutions provided by a la mode facilitate the aggregation of data, imagery and photographs in a GSE compliant format for the completion of U.S. residential appraisals. a la mode, founded in 1985, is headquartered in Oklahoma City.

The acquisition of a la mode is an important next step in the development and scaling of our end-to-end valuation solutions workflow suite which includes data and market insights, analytics as well as data-enabled services and platforms,” said Frank Martell, CoreLogic president and CEO. “a la mode tools and solutions help to make our professional appraiser community more productive and efficient. The addition of a la mode to our existing workflow and technology offerings also provides CoreLogic with a seamless digital platform for ordering, preparing, quality assuring and delivering property valuations and allows us to expand the connectivity between a number of the major constituencies in the mortgage underwriting ecosystem.”

The acquisition of all of the equity of a la mode is expected to be modestly accretive to CoreLogic’s 2018 revenue and adjusted EBITDA, excluding certain purchase accounting adjustments and one-time integration-related costs.

About CoreLogic

CoreLogic (NYSE: CLGX) is a leading global property information, analytics and data-enabled solutions provider. The company’s combined data from public, contributory and proprietary sources includes over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic operates in North America, Western Europe and Asia Pacific. For more information, please visit www.corelogic.com.

CORELOGIC and the CoreLogic are trademarks of CoreLogic, Inc. and/or its subsidiaries.

Safe Harbor/Forward-Looking Statements

Certain statements made in this press release are forward-looking statements within the meaning of the federal securities laws, including but not limited to statements that (i) the a la mode acquisition will advance the Company’s valuation solutions capabilities; and (ii) the a la mode acquisition will be modestly accretive to the Company’s 2018 revenue and adjusted EBITDA, excluding certain accounting adjustments and costs. Risks and uncertainties exist that may cause the results to differ materially from those set forth in these forward-looking statements. Factors that could cause the anticipated results to differ from those described in the forward-looking statements include the risks and uncertainties set forth in Part I, Item 1A of our most recent Annual Report on Form 10-K, including without limitation: difficult conditions in the mortgage and consumer lending industries and the economy generally; compromises in the security of our data, including the transmission of confidential information or systems interruptions; our indebtedness and the restrictions in our various debt agreements; and our ability to realize the anticipated benefits of certain acquisitions and/or divestitures and the timing thereof. The forward-looking statements speak only as of the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.