Corcentric to acquire Vendorin from Juvo Technologies for $100m.

Corcentric, a provider of a wide range of electronic business solutions, agreed to acquire Vendorin, a B2B payments provider, from Juvo Technologies, a wireless engineering company, for $100m. "The Vendorin team worked relentlessly over the last four years to build and innovate on a payments optimization solution that unlocks significant revenue opportunities for enterprises. The combined technology and managed services are a natural synergy for Corcentric and the work they're doing to help business optimize the way they purchase, pay, and get paid. With Vendorin, Corcentric creates an unrivaled offering that will help businesses globally modernize digital payment capabilities," Bryan Schroder, Juvo Technologies Founder.