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Exiger completes acquisition of XSB to enhance logistics and supply chain intelligence

Aug 07, 2024

Acquiring Company

Exiger

Acquired Company

XSB

New YorkArtificial IntelligenceFashionMachine Learning

Description

Exiger, the market-leading supply chain and third-party risk AI company, has announced the acquisition of logistics intelligence platform XSB. This strategic acquisition brings XSB's highly advanced parts and logistics intelligence platform, including its AI capabilities and proprietary knowledge base, in-house to Exiger. The combination of XSB's comprehensive dataset with Exiger's proprietary data and AI capabilities offers an end-to-end solution for the logistics, PEO, and acquisition communities, eliminating the need for standalone logistics systems.

Quick answer

Exiger is acquiring XSB, announced August 7, 2024. Exiger is based in New York, New York, United States.

How much did Exiger pay for XSB?
The deal value was not disclosed.
What does Exiger do?
Exiger is revolutionizing the way corporations, government agencies and banks navigate risk and compliance in their third-parties, supply chains and customers through its software and tech-enabled solutions.
Where are Exiger and XSB based?
Exiger is based in New York, New York, United States.
Who are the decision-makers at Exiger?
Fundz holds 1 contact at Exiger. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Exiger

Location

Marina Boulevard #17-16

New York, New York, United States

About

Exiger is revolutionizing the way corporations, government agencies and banks navigate risk and compliance in their third-parties, supply chains and customers through its software and tech-enabled solutions. Exiger’s mission is to make the world a safer and more transparent place to succeed. Emboldening its 550 customers across the globe, including 150 in the Fortune 500 and over 50 government agencies, with award-winning AI technology, Exiger leads the way in ESG, cyber, financial crime, third-party and supply chain management. Its work has been recognized by 40+ AI, RegTech and Supply Chain partner awards. Learn more at Exiger.com and follow Exiger on LinkedIn.

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Frequently asked

Who acquired XSB?

XSB was acquired by Exiger, based in New York. The deal was reported on August 7, 2024. Exiger is revolutionizing the way corporations, government agencies and banks navigate risk and compliance in their third-parties, supply chains and customers through its software and tech-enabled solutions. Exiger is privately held.

When did Exiger acquire XSB?

Exiger's acquisition of XSB was reported on August 7, 2024. Exiger, the market-leading supply chain and third-party risk AI company, has announced the acquisition of logistics intelligence platform XSB. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does XSB do?

XSB is a widely adopted proprietary parts intelligence company with a catalog spanning 100 million parts and 400 million parts attributes used by the U.S. Federal Government, from camouflage clothing to weapons systems. It is privately held, operating in Artificial Intelligence.

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