Monday, October 06, 2008

POLARIS IN M&A DEAL

October 6, 2008
Deccan Chronicle The Asian Age
IT firm Polaris Software announced that it has signed an agreement to acquire SEEC Inc, a US-based product and component services company for the insurance vertical, in an all cash deal. The company financial and insurance sectors, however, did not disclose the size of the deal. Under the agreement, Polaris has proposed to acquire SEEC, including IPR, business trademarks, trade brands and infrastructure facilities, a company statement said.

0 comments: