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Ebix (EBIX) Acquires Zillious
February 13, 2019 7:41 AM ESTEbix, 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 subsidiaries in India has acquired an 80% controlling stake in India based Zillious Solutions Private Limited. Zillious is an on-demand SaaS travel technology solution, with market leadership in the corporate travel segment in India. The Zillious Exchange processes over 8 Million travel bookings annually, which conducting Gross Merchandise value of approximately $1.4 billion per annum.
Ebix is funding the transaction in cash, using its... More
