Exiger completed the acquisition of Versed AI.

Exiger, a supply chain and third-party risk AI company, completed the acquisition of Versed AI, a developer of a SaaS-based platform designed for the extraction of supply chain intelligence from natural language text and other data sources. Financial terms were not disclosed. “Procurement and supply chain professionals across the public and private sector are overwhelmed by the amount of data they have to navigate to meet daily operational and regulatory requirements like tariff analysis, alternative vendor sourcing, forced labor checks, environmental impact assessments and CSDDD compliance. This acquisition allows us to offer a beautifully simple solution to those challenges,” Brandon Daniels, Exiger CEO.