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Latest Apax Partners Stories

2014-09-15 08:28:11

DENVER and LONDON, Sept. 15, 2014 /PRNewswire/ -- Funds advised by Apax Partners ("Apax") today announced that they have agreed to sell their majority ownership stake in the TriZetto Corporation ("TriZetto"). TriZetto, a provider of world-class healthcare information technology and service solutions, will be sold to Cognizant Technology Solutions Corp ("Cognizant") for $2.7 billion in cash, subject to customary adjustments. TriZetto develops, licenses and manages solutions for...

2014-09-15 08:28:04

- With more than $3 billion in combined healthcare revenue, Cognizant and TriZetto will serve nearly 245,000 healthcare providers, as well as approximately 350 payers with approximately 180 million covered lives in the U.S. TEANECK, N.J., Sept. 15, 2014 /PRNewswire/ -- Cognizant (NASDAQ: CTSH), a global leader in information technology, consulting and business process services, today announced that it has entered into a definitive agreement to acquire TriZetto Corporation for $2.7 billion in...

2014-08-11 12:32:01

ST. LOUIS, Aug. 11, 2014 /PRNewswire/ -- Funds advised by Apax Partners ("Apax"), a global private equity firm, today announced that they have entered into an agreement to acquire Answers Corporation ("Answers"), the parent company of Answers.com and a leading provider of cloud-based solutions that enhance customer acquisition and brand engagement, from Summit Partners, TA Associates, and founder shareholders. Members of Answers' senior management will invest alongside Apax Funds and...


Word of the Day
jument
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.
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