Solera Holdings, Inc. (NYSE: SLH) said that the US Federal Trade Commission is closing an investigation into Solera´s May 29, 2012 acquisition of Actual Systems of America, Actual Systems UK Ltd. and Beech Systems Ltd.
Without admitting any violation of the law, Solera has agreed to enter into a consent order with the FTC relating to the salvage yard management system business and will effect a voluntary divestiture of the United States and Canadian businesses of Actual Systems to a purchaser group substantially composed of the former shareholders of Actual Systems.
Solera is a leading global provider of software and services to the automobile insurance claims processing industry. For more information, please refer to the company´s website at http://www.solerainc.com.
