Mergers & Acquisitions
By The Online Investor Staff, updated Wed., Feb. 26, 2:52 PM
| This Slide: #93 of 100 |
Slide #93. Sapiens International Corporation — sum.cumo
Acquirer:
Sapiens International Corporation (NASDAQ:SPNS)
Acquiree:
sum.cumo
Details:
Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Germany's antitrust authority has approved Sapiens' acquisition of sum.cumo without restriction.
Sapiens International is a global provider of software solutions for the insurance industry. Co.'s offerings include a broad range of software solutions and services, comprised of (i) core software solutions for the insurance industry, including Property & Casualty/General Insurance (“P&C”) and Life, Annuities and Pensions (“L&P”) products, and record keeping software solutions for providers of Retirement Services (ii) variety of technology based solution including business decision management solutions for the financial services industry, including insurance, banking and capital markets and (iii) global services including project delivery and implementation of Co.'s software solutions.
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Avg. Broker Rec.
 
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