VC-backed AppDirect makes Xendo its sixth strategic acquisition
AppDirect, a cloud service commerce platform, has bought Xendo, a San Francisco-based provider of hosted enterprise search solutions, for an undisclosed sum. The acquisition, AppDirect's sixth to date, follows its buy of Montréal's Radialpoint in January. AppDirect said the Xendo deal will allow it to integrate unified search capability into its platform and thereby eliminate fragmentation and create interoperability between apps. Founded by Canadians Nicolas Desmarais and Daniel Saks in 2009, San Francisco-based AppDirect has raised US$245 million in venture capital. Its Canadian backers include iNovia Capital.
24 March 2016•4 mins read
