Rentlytics: RealPage finds new acquisition target among Silicon Valley startups

RealPage is bolstering its technology with another acquisition, and this time it's scooping up a young startup in the Silicon Valley. The Richardson-based company (Nasdaq: RP), which provides technology to the multifamily real estate industry, has a deal to buy San Francisco-based Rentlytics, which provides data platforms for multi-tenant rentals, according to a statement released on Friday. RealPage is paying an initial purchase price of about $57 million, which is subject to adjustments and...