Xerox is buying a Connecticut-based company for $225 million. That company, ISG Holdings, will help Xerox provide a suite of offerings in the area of workers' compensation services for clients in the property and casualty insurance industry.
Xerox says the acquisition complements the company's current support of the top 20 U.S. property, casualty and commercial health insurance companies.
Xerox says the acquisition makes it an industry leader in software that is used to review workers' comp' bills as well as care management services.
