Inso Corporation (NASDAQ: INSO) today announced that it has sold the Company's Information Exchange division ("IED") to IntraNet Solutions, Inc. (NASDAQ: INRS) for approximately $55 million in cashThe exact net cash proceeds to the Company and net gain from the transaction will not be finalized until both parties have agreed to the post-closing balance sheet for IEDHowever, based upon the Company's preliminary post-closing balance sheet for IED, estimated transaction-related costs and income taxes, the Company's net cash proceeds are expected to approximate $48 million, and the Company's net gain from the transaction is expected to be approximately $38 million.
| Website | http://www.inso.com |
| Revenue | $192000 |
| Employees | View employees |
| Address | 31 St. James Ave, Boston, Massachusetts 02116, US |
| Phone | (617) 753-6500 |
| Industry | Software Development & Design, Software |
| Competitors | NXP Semiconductors, STMicroelectronics, Infineon Technologies, Texas Instruments, Maxim Integrated, Analog Devices, Microchip Technology Inc., Linear Technology, Renesas Electronics, Cypress Semiconductors +41 more (view full list) |
| SIC | SIC Code 73 Companies, SIC Code 737 Companies |
| NAICS | NAICS Code 518 Companies, NAICS Code 51 Companies |
Looking for a particular Inso Corporation employee's phone or email?
Inso Corporation Questions
The Inso Corporation annual revenue was $192000 in 2026.
Inso Corporation is based in Boston, Massachusetts.
The NAICS codes for Inso Corporation are [518, 51].
The SIC codes for Inso Corporation are [73, 737].
