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 8, 2026
West Enclave Merger Corp. Announces the Separate Trading of its Ordinary Shares and Rights, Commencing May 13, 2026
May 8, 2026
Press ReleaseMay 8, 2026
Shreya Acquisition Group Announces Closing of $110 Million Initial Public Offering (Including Partial Exercise of Over-Allotment Option)
May 8, 2026
Press ReleaseMay 8, 2026
Con Edison Announces $2 Billion At-The-Market (ATM) Equity Offering Program
May 8, 2026
← Back to all articles
Generated by Yeal