Blue Hill Data Services, a data center operator, has acquired XyberNET, which provides core systems for credit insurance carriers.
The merger continues a trend toward consolidation in the core insurance systems segment, and nods toward an increase in comfort with the cloud for core systems offerings.
"Our complementary business lines will expand the offerings available to our joint client base, and we believe this brings together the best in IT applications products and services, expands our Applications Support capabilities, and sharpens our focus in supporting the insurance vertical. We will continue to keep everyone abreast of our latest developments as we work together to strengthen our services and commitment to our clients," said John Lalli,COO and managing director for Blue Hill.
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