Vertice, a London-based AI procurement platform, announces it has acquired Vendr, a US software pricing company. The companies say the acquisition is intended to create a large procurement intelligence dataset by combining Vendr’s pricing data with Vertice’s procurement and negotiation information. Vertice describes the combined dataset as the world’s largest procurement intelligence resource, formed from data on what enterprises buy and how they negotiate.
The reported deal links Vertice’s AI procurement approach with Vendr’s software pricing leadership. Vertice also states that the expanded dataset will support autonomous AI negotiation, aiming to improve how procurement negotiations are conducted.
According to the available reporting, the acquisition terms are not disclosed. Both sources frame the transaction as a step toward scaling procurement intelligence capabilities by merging the organizations’ datasets and related technology, while the specific commercial details of the purchase are not provided in the accounts summarized here.
