Sapiens, IDIT and FIS Sign Definitive Agreement to Merge; Merged Company to Become a Major Global Insurance Solutions Provider

July 21, 2011   |   July 2011 Bond Updates
REHOVOT, Israel, July 21, 2011 /PRNewswire/ --   Revenues of merged company expected to reach $100 million in 2012, doubling Sapiens' 2010 revenues Merged company to have 70+ insurance customers  worldwide Merged company well positioned to win core-system replacements in the insurance

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