A big European life, accident and health insurance technology company is acquiring a U.S. benefits tech firm.
Fineos Corp. has agreed to pay $75 million for Limelight Health.
(Related: Limelight Strategist: The Exchange Force Is Real)
Fineos is a Dublin, Ireland-based company that provides core program administration systems for many large insurers in the United States and Australia.
Limelight is a San Franciso-based company that provides quoting, rating, and underwriting systems for employee benefits insurers.