(NAMC) - One of the leading international developer and supplier of software and e-commerce solutions to the insurance industry,Ebix, Inc. (NASDAQ:
EBIX), stated that effective May 1, 2006, it has completed the acquisition of substantially all the operating assets of Reston, Virginia and Dallas-based Infinity Systems Consulting Inc.
The acquisition adds over 15 insurance companies to Ebix's roster of customers, providing Ebix with a broader presence in the insurance company markets. The acquisition is expected to be accretive to Ebix earnings per share for 2006.
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