ISO Acquires Software Developer AscendantOne

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

AscendentOne, based in Nashua, N.H., provides insurance policy-management and insurance-rating software applications and services. Jersey City, N.J.-based ISO said the newly purchased operation and its staff of 40 professionals will remain in New Hampshire with the involvement of the same experienced team of developers, rating analysts and customer support personnel that have built the company. AscendantOne was created in May of 2000.

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