Israeli insurance software company Sapiens (see here) employs over 2,500 people globally and is still growing. It has just taken over Madrid-based insurance consultants Calculo. The acquisition will help Sapiens enter the Spanish market. https://www.calcalistech.com/ctech/articles/0,7340,L-3771814,00.html

Israel’s Sapiens (see here) has previously taken over US and Spanish companies to build up its insurance software empire. Now it has bought German digitalization software developer Sum.cumo GmbH for 28.4 million euros to help expansion into Germany, Austria and … Continue reading →

In another example of a large takeover by an Israeli company of a US firm, Israel’s Sapiens International has bought Denver-based StoneRiver Inc for around $102 million. Both IT companies focus on the Insurance industry. http://www.sapiens.com/news/sapiens-to-acquire-u-s-based-stoneriver-inc-for-approximately-102-million/ https://www.youtube.com/embed/PYb9PkjXIOs?rel-0