MDA Acquires MindBox

MacDonald, Dettwiler and Associates Ltd, Richmond, Va., has acquired privately held MindBox LLC, a provider of decisioning mortgage applications, for an undisclosed sum.The acquisition dictates that MindBox become part of MDA's Financial Services business in the United States and continue its operations as a separate business unit under the leadership of Richard Barfus, MindBox's president and chief executive officer. MDA said it will bring, concurrent with the transaction, all of its U.S. financial services business -- Marshall & Swift/Boeckh (MSB), DataQuick, and MindBox -- under a unified leadership team.