Here’s another indicator of how lively the global insurance pensions admin market is perceived to be. Mphasis, the India-based IT/BP services firm majority controlled by HP, is to acquire US insurance software firm, Wyde. Terms were not disclosed, but Wyde turned over $30m last year and also operates in Canada, France and Tunisia. R&D is in Paris – but for how much longer, one wonders?
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HP ‘Mphasises’ presence in insurance policy admin
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