The transaction is expected to close in the first half of 2023, following the receipt of regulatory approvals and the satisfaction of customary closing conditions.

When 13 Billion Dollars is dropped into the Real Estate for the acquisition of Black Knight (Beat Army!), Industry business leaders, strategists and planners, need to pay attention.

If data is the new oil, then data rights is the core asset that controls the refining and formulation of data into information products needed by many industries.  REALTORS own the rights to the “original” data --its structure and local aggregations-- but have been unable to monetize these assets beyond the first point of sale.

ATLANTA, NEW YORK & JACKSONVILLE, Fla.--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced it has entered into a definitive agreement to acquire Black Knight, Inc.

ICE Mortgage Technology, a leading global provider of data, technology and market infrastructure, recently announced that MERSCORP Holdings, Inc., the mortgage industry’s national electronic loan registry, is expanding its capabilities to now include industry-wide, secure storage of Remote Online Notarization (RON) videos for lenders, investors, and servicers. 

Imagine a world where many of your daily activities were constantly monitored and evaluated: what you buy at the shops and online; where you are at any given time; who your friends are and how you interact with them; how many hours you spend watching content or playing video games; and what bills and taxes you pay (or not).