Guidewire Software, Inc.

Money Moves

Acquirer

Guidewire, the software backbone for more than 570 property and casualty insurers worldwide, agreed Monday to buy London-based hyperexponential for $1.7 billion in cash. It may pay up to $400 million more if revenue targets are met. hyperexponential's AI pricing software has powered underwriting decisions on more than $75 billion in annual commercial insurance premium.

Updated Oct 29