NortonLifeLock Inc. today said it has sold its ID Analytics business to LexisNexis Risk Solutions for $375 million as the company divests itself of unwanted business units following its separation from the now Broadcom Inc.-owned Symantec enterprise security business.

ID Analytics became part of NortonLifeLock after being acquired by LifeLock Inc. in 2012 for an undisclosed sum. Symantec Inc. then acquired LifeLock for $2.3 billion in 2016 before the company split late last year, the new NortonLifeLock taking ID Analytics with it.

Founded in 2002, ID Analytics provides credit and identity risk management solutions for real-time information services. The company’s platform combines propriety data from its ID Network with real-time behavioral insight and science to provide in-depth visibility into identity risk and creditworthiness.

More than 450 companies in the U.S. are said to use ID Analytics to make risk-based decisions to improve customer experiences, accelerate revenue growth and reduce fraud.

For LexisNexis Risk Solutions, a division of U.K. information provider RELX plc, the acquisition is said to complement the company in two strategic growth areas: fraud and identity management as well as credit risk decision-making.

“ID Analytics is widely recognized in the fraud and identity and credit risk space for its differentiated contributory data assets and advanced analytics capabilities,” LexisNexis Risk Solutions Chief Executive Officer Rick Trainor said in a statement. “Combined with our strengths of verifying and authenticating physical and digital identities, our customers will benefit from an even more comprehensive approach to detecting and preventing fraud and managing risk.”

The sale of ID Analytics is significant for NortonLifeLock but likely won’t be its last as the company restructures its lineup following the Symantec separation.

“The sale of ID Analytics is another step in the transformation of NortonLifeLock into a pure-play consumer cyber safety leader,” NortonLifeLock CEO Vincent Pilette said in a separate statement.  “We can now be completely focused on our singular mission to protect all areas of consumers’ online lives.”

Next up on the chopping block for NortonLifeLock is its portfolio is Silicon Valley properties. According to Mercury News, NortonLifeLock is looking to find a buyer for 10 buildings in Mountain View that offer a total of 707,000 square feet.

Further sales are also subject to NorthLifeLock not being acquired itself. Reports in December suggested that McAfee LLC was considering a possible “combination” with NortonLifeLock. Private equity firms Permira and Advent International are also said to be potential suitors for the company.

Image: ID Analytics