Reuters: Technology News: Goldman Sachs affiliate to buy insurance software maker Ebix for $743 million

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Goldman Sachs affiliate to buy insurance software maker Ebix for $743 million May 1st 2013, 14:07 Wed May 1, 2013 9:43am EDT (Reuters) - Ebix Inc, which makes software for insurance companies, said it agreed to be acquired by an affiliate of Goldman Sachs & Co. for about $743 million. The offer price of $20 per share represents a 2.6 percent premium to Ebix's Tuesday close on the Nasdaq. The total value of the deal is $820 million, including debt.

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