Exiger, a Washington, DC-based provide chain and third-party threat AI firm, acquired logistics intelligence platform XSB.
The quantity of the deal was not disclosed.
The acquisition combines XSB’s complete proprietary buying, design and sustainment intelligence and engineering analytics platform with Exiger’s personal proprietary information and AI, creating an end-to-end resolution for the logistics, PEO and acquisition communities.
Based by CEO Rupert Hopkins, XSB makes use of AI-based functions to remodel unstructured information into actionable intelligence. Its graph database is extensively used throughout authorities companies, platforms and combatant instructions, in addition to the Protection Industrial Base. The corporate’s catalog spans 100 million components and 400 million components attributes utilized by the U.S. Federal Authorities, from camouflage clothes to weapons methods.
Led by President Carrie Wibben, Exiger supplies firms, authorities companies and banks with ESG, cyber, monetary crime, third-party and provide chain administration software program and tech-enabled options. The corporate serves 550 prospects throughout the globe, together with 150 within the Fortune 500 and over 55 organizations throughout the Protection Industrial Base and authorities companies, with AI expertise.
FinSMEs
07/08/2024
