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Tag: Tyler Technologies

Tyler Technologies To Buy NIC For $2.3 Billion In Cash

Tyler Technologies To Buy NIC For $2.3 Billion In Cash

Tyler Technologies and NIC Inc jointly announced their decision to merge today in an all-cash deal which values the company at $2.3 billion. The merger will combine Tyler’s strength in local government and NIC’s power in state government. Shares of NIC soared 15.5% in premarket trading while Tyler shares dipped slightly.