Xait to acquire Privia.

Xait, a Norwegian proposal and CPQ software specialist, agreed to acquire Privia, a provider of capture and proposal management-specific solutions to the government contractor market. Financial terms were not disclosed. "We are pleased to welcome Privia and their team of experts to Xait, adding industry knowledge to our fully integrated co-authoring solution. Together we can provide both streamlined and optimized document production and calculations, maximizing customers' revenues from bids and proposals and other business-critical documents," Eirik Gudmundsen, Xait CEO.