The story
Exigen Group was founded in 1999 by Alec Miloslavsky and Greg Shenkman. They are the entrepreneurs behind Genesys Labs, which has been sold twice for over $1 billion. Most recently, Genesys was acquired by Permira, a leading private equity firm.
The company started with the goal of developing Business Process Utilities (BPU): business process automation solutions for the insurance and financial services industries. Over the years, Exigen Services demonstrated stable growth and expansion to other markets, acquiring IT companies along the way, including SoftwareHouse (SWH), a high-tech research and development firm located in Riga, Latvia; and DATI, the largest systems development organization in the Baltic States.
In 2006, Exigen Services was spun off to form a separate company providing application development services, while Exigen Capital, a private equity firm, focused on IT-based transformation investments.
In 2007, Exigen Services merged with StarSoft Developments Labs, an application outsourcing provider specializing in Agile application development with delivery centers in Russia and other CIS countries.
In 2009, Exigen Services acquired China-based software outsourcing company, Taihoo Technology.
In 2013, Exigen Services merged with Return on Intelligence. The company is rebranding to "Return on Intelligence." Return on Intelligence was named to Global Services 100 list.
In 2015 Exigen Insurance Solutions has separated from Exigen Services to a separate company to work on a Core Insurance Software called IPB and EIS Suite afterwards.
In 2018 remaining Exigen Services and Return On Intelligence were acquired by Emergn consulting company and operate under its supervision up till now.
From Wikipedia’s article on Exigen Services, shared under CC BY-SA 4.0.3