ISO Acquires Software Developer AscendantOne

NU Online News Service, March 13, 3:51 p.m.EST?Insurance Services Office, Inc. said it hasacquired the software developer AscendentOne Inc. for anundisclosed amount.

AscendentOne, based in Nashua, N.H., provides insurancepolicy-management and insurance-rating software applications andservices. Jersey City, N.J.-based ISO said the newly purchasedoperation and its staff of 40 professionals will remain in NewHampshire with the involvement of the same experienced team ofdevelopers, rating analysts and customer support personnel thathave built the company. AscendantOne was created in May of2000.

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