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  • Sapiens to Acquire US-based StoneRiver Inc. for Approximately $102 million
  • February 16, 2017
  • StoneRiver delivers a wide range of solutions and services for the insurance industry in North America.

    Holon, Israel - Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, announced today that it has entered into a definitive agreement (subject to customary closing conditions) to acquire privately held StoneRiver, Inc., for approximately $102 million in cash (subject to certain adjustments).

    Headquartered in Denver, Colorado, StoneRiver's versatile prod...
  • View more at: http://www.1888pressrelease.com/sapiens-to-acquire-us-based-stoneriver-inc-for-approximatel-pr-607630.html