RMS Buys Up Real-Time Hurricane Impact Data Startup
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Catastrophe modeling firm RMS has acquired HWind Scientific LLC, a startup focused on producing real-time hurricane impact data.
Neither side disclosed financial details. But RMS said the acquisition deepens an ongoing relationship between the two companies. RMS licensed HWind’s signature service (known as H*Wind ) for use in its hurricane models and event response services as soon as it became commercially available in 2014, Mohsen Rahnama, RMS head of model development, said in prepared remarks.