INFORMATION

Equifax Unit Buys Stake in CDB Infotek: The fast-growing Santa Ana-based public data firm used by lawyers, police, researchers and insurance and government agencies sold a 70% stake to a subsidiary of Atlanta-based information giant Equifax Inc. CDB Infotek, which has 200 employees, will retain its name, management and Orange County headquarters, and is expected to use the funding provided by Equifax Insurance Services to finance future growth. The company said no layoffs are anticipated. Like other information gathering and disseminating businesses, CDB is developing avenues to make its products--which include court, real estate and personal data from across the nation--available to the general public. The company is counting on funding from Equifax to help speed that process. Terms of the sale were not disclosed, but an Equifax spokesman said the company paid more than $32 million--CDB’s 1995 revenue--for the 70% share.