Announced
Completed
Synopsis
Exiger, a supply chain and third-party risk AI company, completed the acquisition of XSB, a logistics intelligence solutions provider. Financial terms were not disclosed. "This acquisition is in response to a growing number of customers who are eager to bring the power of AI to pain points like depot maintenance, category management, parts obsolescence, parts alternatives, price defensibility, and supply chain optimization, and want to be able to access these capabilities within Exiger's centralized platform. XSB's dataset and cutting-edge AI capabilities will help our government customers increase speed, efficiency and execution, while reducing counterfeit loss, manufacturing costs, research time and the impact of out-of-date parts," Carrie Wibben, Exiger President.
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