Technology provider Xchanging has received the green light for its acquisition of insurance software business Total Objects.
The UK Competition and Markets Authority has cleared the transaction which is now expected to complete on December 23, 2014.
Ken Lever, chief executive, Xchanging, said: “I am delighted we can now move forward and complete the acquisition. Total Objects has a strong and highly complementary product set that fits well with Xchanging’s existing insurance software business, Xuber.”