Thursday, August 10, 2006

ISO Buys Xactware

New Jersey-based ISO has purchased Orem, Utah-based Xactware, the company said today. Terms were not disclosed. Xactware is a provider of estimation software for the property insurance, remodeling, and restoration industries. ISO said that Xactware's more than 230 employees will continue to operate at its headquarters in Orem. Xactware's customers are used by insurance firms to provide insurance repair estimates. ISO is a provider of data, analytics, and decision support software and services for the insurance, finance, real estate, and other fields.