• Vista Equity to buy Solera for $3.74 billion

    • September 14, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    Solera Holdings Inc, which provides claims processing software to insurance companies, said it agreed to be acquired by an affiliate of private-equity firm Vista Equity Partners for $3.74 billion in cash. Vista expects the transaction to enhance its position as an acquirer of data companies and enterprise application software. The deal is the largest in Vista’s [...]
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  • Solera engage in buyout talks

    • September 11, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    Insurance claims processing software maker Solera Holdings is in advanced talks with private equity firms Thoma Bravo and Vista Equity Partners to sell itself, according to reports from Reuters. Solera is nearing a deal to sell itself for about $53 per share, which would value the company at about $3.6 billion and a strategic company might have [...]
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  • Axalta announce new global innovation centre

    • September 10, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    Axalta Coating Systems announced that its new Global Innovation Center will be located at The Navy Yard in Philadelphia. The 175,000 square foot facility will be home to Axalta’s global research, product development, and technology initiatives and partner with the Company’s other technology centers in the Americas, Europe and Asia-Pacific. The project is being developed [...]
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  • 3D car configurator to change car dealerships

    • September 8, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    The 3D revolution in car retail has just started thanks to the next generation 3D car configurator solution, provided by IBM and ZeroLight. Frost and Sullivan has researched the future of automotive retailing for the past few years and has produced a White Paper which focuses on this new platform because of the way it [...]
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  • Autonation won’t sell cars with unrepaired safety defect

    • September 8, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    AutoNation Inc, the largest U.S. auto retailer, said on Tuesday it will not sell any new or used vehicle that has an unrepaired safety defect, in a move that could boost costs but also deflect pressure from consumers, lawmakers and regulators. The announcement comes after a record-setting run of safety recalls in the United States [...]
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