August 30, 2010 – Software provider Ebix Inc. will move forward into the health information field after it announced the acquisition of fellow Atlanta-based company A.D.A.M. Inc. Monday morning for $66 million.
Ebix, an international supplier of on-demand software and e-commerce services to the insurance industry, will purchase A.D.A.M., a provider of health information and benefits technology in the U.S. The deal was unanimously approved Monday morning by both company’s boards of directors, according to a news release.
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