Exiger Acquires Versed AI

July 8, 2024

Exiger, a supply chain and third-party risk AI company, has acquired Versed AI, a Cambridge University spin-out that uses AI and NLP to map multi-tier supplier networks and generate automated bills of material. The acquisition integrates Versed AI's capabilities into Exiger's supply chain platform to expand multi-tier visibility and accelerate product-specific supply chain mapping for Exiger customers.

Buyers
Exiger
Targets
Versed AI
Location
Cambridgeshire, United Kingdom
Transaction Type
Buyout

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