QAD Inc. announced an agreement to acquire Kavida Technologies (Kavida.ai), a pioneer in agentic AI for industrial companies. The acquisition fast-tracks QAD’s Champion AI roadmap, adding procurement agents that automate strategic sourcing and ERP workflows, with the potential to free up nearly half of a buyer’s workday by eliminating manual post‑order and supplier collaboration tasks. The transaction is subject to UK regulatory approval. Kavida.ai’s founders will assume senior roles within QAD | Redzone, and its PO, RFQ, and Sales agents will become immediately available to customers.
Related articles
Press ReleaseMay 25, 2026
FinVolution Group Announces New Share Repurchase Program of Up to US$150 million
May 25, 2026
Press ReleaseMay 25, 2026
TECO Signs Acquisition Agreement with Malaysia's Dynaciate, Targeting Exponential AIDC Revenue Growth Next Year
May 25, 2026
Press ReleaseMay 25, 2026
Cyient Semiconductors Announces Strategic Financing with Edelweiss at ~ USD 500 Mn. Equity Valuation
May 25, 2026
← Back to all articles
Generated by Olivia 6