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SOFTWARE INDUSTRY NEWS |
Solera acquires Market Scan |
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Solera Holdings, which provides software and services to the automobile insurance claims processing industry, acquired all outstanding shares of Market Scan Holding B.V., the data analytics and software company serving the Dutch insurance industry for an undisclosed sum. Solera said the acquisition will enhance its product and service offerings in the Dutch market and will also add data analytics capabilities. Tony Aquila, Solera's Founder, Chairman and CEO termed the acquisition as an additional step towards “unlocking the value of Solera's global claims databases” with Market Scan's core competency in data analytics and its strong management team being a valuable contributor to the expansion of Solera's “product bundle in the Netherlands and other Solera markets." |
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