Guidewire to acquire AI insurance pricing firm Hyperexponential for $1.7B

Guidewire announced a definitive agreement to acquire AI insurance pricing firm Hyperexponential for $1.7 billion in cash, plus up to $400 million contingent on annual recurring revenue targets. The deal, financed by cash on hand and a new $1.0 billion term loan, is expected to close in Q2 of fiscal year 2027 and to add at least 6.5 percentage points to FY27 ARR growth.

Detected & updated continuously · Source: Nebula