Majesco Acquires Vitech to Expand Cloud‑Native Insurance and Benefits Platform

Why It Matters

The deal broadens Majesco’s product portfolio and customer base, positioning it as a more comprehensive platform for insurers and benefits providers and potentially accelerating cross‑selling opportunities in a market increasingly focused on cloud and AI capabilities.

Deal Summary

Majesco, a cloud‑native, AI‑native insurance software provider, announced the acquisition of Vitech, a provider of cloud‑native pension and benefits administration solutions. The deal value was not disclosed, and the combined entity will serve over 375 customers across property‑casualty and life & health segments.