More Insurance System Action Premier Solutions Signs Letter Ahead Of Acquiring Maximis

PORTFOLIO SYSTEMS

MALVERN, Pa.-based Premier Solutions Ltd., a privately held company that markets and develops asset management software and services, has signed a letter of intent to purchase Texas Instruments Inc.'s Maximis portfolio management and accounting system. Though the sale of Maximis has not yet been finalized, the deal would give Premier an immediate presence in the insurance company marketplace--a market which it has not yet attempted to penetrate. Premier, which recorded some $15 million in sales

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