MeridianLink announced Thursday its acquisition of Teledata Communications, Inc. (TCI), the creator of SaaS loan origination system DecisionLender.

The addition of DecisionLender will boost MeridianLink’s LOS product roadmap and expand its suite of lending technology.

“This acquisition will provide new and exciting breakthroughs within LOS technology. We are confident that MeridianLink’s outstanding record of innovation and exceptional customer support will make our clients more successful,” said William Nass, president and director of TCI.

DecisionLender will be available to both existing and new customers via MeridianLink’s platform, according to a press release. To date, more than 500 banks, credit unions, and financial companies nationwide use DecisionLender.

“We are excited to welcome TCI’s employees to the MeridianLink team and look forward to expanding our breadth of products and solutions,” said Alan Arnold, chief operations officer of MeridianLink. “We are honored to serve our new clients and build upon these strong relationships.”

“TCI’s client-first commitment and focus on providing a continuously innovative lending solution mirrors the vision and mission of MeridianLink,” said MeridianLink CEO Nicolaas Vlok. “The addition of TCI, which combines over 20 years of fintech industry expertise and cutting-edge IP, will accelerate LOS innovation.”