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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Sun., Dec. 16, 2:36 PM

Slide #77. Ebix, Inc. AHA Taxis

Acquirer: Ebix, Inc. (NASDAQ:EBIX)
Acquiree: AHA Taxis
Details: Ebix, Inc. (NASDAQ:EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that one of its India-based EbixCash subsidiaries has acquired a 70 percent stake in AHA Taxis, a platform for on-demand inter-city cabs in India. AHA focuses its attention on Corporate and Consumer inter-city travel primarily, with a network of more than 15,000 registered AHA Taxis.

Ebix is a supplier of software and e-commerce solutions to the insurance, financial, and healthcare industries. Co. focuses on: expansion of connectivity between all entities through its Exchange family of products in the financial, travel, life, health, workers compensation, risk management, annuity and property and casualty (P&C) sectors namely the EbixCash and EbixExchange family of products; sales and support of P&C back-end insurance and broker management systems; sale, customization, development, implementation and support of its P&C back-end insurance carrier system platforms; risk compliance solution services; and e-governance/e-learning solutions in emerging world markets.

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Company Name:  Ebix Inc
Stock buyback:  EBIX buyback
Sector:  Application Software
Number of ETFs Holding EBIX:  36
Total Market Value Held by ETFs:  $175.05M
Total Market Capitalization:  $1.42B
% of Market Cap. Held by ETFs:  12.31%

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December 16, 2018    2:36 PM Eastern
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Buy (3.33 out of 4)
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