X2Engine Acquires Identifid

X2Engine

X2Engine, a Redwood City, CA-based enterprise software company providing open-source CRM solutions, acquired Identifid, a Miramar, FL-based transaction security company.

The amount of the deal was not disclosed.

Led by CEO John Taylor, Identifid has developed patented technology that aims to enable organizations to combat transaction fraud in person and online.

With the acquisition, Identifid brings the patented technology that links individuals to the transactions they are conducting – not the ID they are presenting, to X2Engine.

Led by CEO David Buchanan, X2Engine is an enterprise software company specializing in open-source CRM solutions focusing on driving digital transformation and enabling organizations to build enhanced customer relationships. 

FinSMEs

04/04/2024