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Amdocs to Acquire EIS for $340 Million to Bring Agentic AI to Insurance

Unite.AI · 11/04 15:13 UTC

Amdocs is acquiring EIS for about $340 million in cash. The deal takes the telecom software provider into the insurance industry, where it plans to bring agentic AI technology into insurers' core operations. Additional payments may be made if certain performance targets are met. The acquisition gives Amdocs an established insurance software business covering policy administration, billing, claims and customer engagement.

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