Solera Holdings Inc. (SLH) announced that it has signed a definitive agreement to acquire 100% of the outstanding shares of Softwaresysteme GTLDATA GmbH. GTLDATA is an assessor management system provider in Austria and has been a business partner with Solera's Austrian operating company for over ten years.
GTLDATA provides assessors tools to more efficiently assess, organize and communicate automobile claims data with insurance companies in Austria.
The transaction is expected to close in the third quarter of Solera's fiscal 2010.
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