Moncton, N.B. Canada--Whitehill Technologies Inc., a provider of document composition and data transformation software, has acquired the technology assets of Metaserver Inc. With this deal, Whitehill now owns the patented technology platform behind Metaserver's suite of business process integration (BPI) software and solutions for the insurance industry.
Whitehill will use the acquired technology to further the company's penetration into its key markets, including insurance, legal and financial services. The Java-based platform is well-known in the insurance sector, where Metaserver has been deploying solutions to enable insurance carriers and their field agents to exchange quotes, claims and other critical business information in real time.
"Metaserver's BPI technology is a perfect complement to our data transformation products for the insurance and financial services sectors," says Paul McSpurren, president and CEO, Whitehill Technologies. "Whitehill's integration of the Metaserver technology platform will provide significant additional business process acceleration benefits to both our existing and future customers. Our industry partners such as Thomson Elite, Computer Associates, and IBM will also have access to this enhanced functionality for their users."
Business process integration is the integration of processes and the sharing of information among diverse business systems. BPI helps streamline operations, reduce costs and improve responsiveness to customer demands.
Source: Whitehill Technologies Inc.
