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Slide #56. Verisk Analytics, Inc. — EagleView Technology Corporation
Verisk Analytics, Inc. (NASDAQ:VRSK)
EagleView Technology Corporation
Verisk Analytics, Inc. (NASDAQ:VRSK), a leading source of information about risk, today announced it has signed an agreement to acquire EagleView Technology Corporation ("EVT"), the parent company of Pictometry International Corp., and Eagle View Technologies, Inc. EVT is an acknowledged leader in the United States of geo-referenced aerial image capture and visual-centric data analytics and solutions to insurers, contractors, government, and commercial customers. The acquisition will accelerate Verisk's position as a key provider of data, analytics, and decision support solutions based on aerial imagery.
Verisk Analytics is a data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Co.'s segments are: Insurance, which provides statistical, actuarial and underwriting data for the U.S. property and casualty insurance industry; Energy and Specialized Markets, which provides research and consulting data analytics for the global energy, chemicals, and metals and mining industries; and Financial Services, which provides benchmarking, decisioning algorithms, business intelligence, and customized analytic services to financial institutions, payment networks and processors, alternative lenders, regulators and merchants.
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Buy (3.15 out of 4)