Announced
Completed
Financials
Sources
Tags
Domestic
Software
software development
Completed
Friendly
Majority
Private
corporate spend management
procurement technology
Single Bidder
United States
Acquisition
Synopsis
Simfoni, a digital solutions provider for procurement intelligence, completed the acquisition of Xeeva, a provider of AI-powered spend management and procurement technology solutions. Financial terms were not disclosed. "I am very excited to be part of such a value-enhancing situation that offers fantastic career potential for Xeeva staff and to be able to offer Xeeva customers heightened levels of customer service and an expansion of technology options. I would like to take this opportunity to thank our clients for choosing Xeeva over the years, and I know we are leaving them in good hands with Simfoni," Nina Vellayan, Xeeva CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.