Sidetrade Expands with SHS Viveon Acquisition

Sidetrade SA (FR:ALBFR) has released an update.

Sidetrade, a leader in AI-driven Order-to-Cash applications, has acquired a majority stake of 87.85% in SHS Viveon AG, a German credit risk management software company, marking Sidetrade’s entry into the German market and advancing its global leadership ambitions. The acquisition, which was completed after a public offer period, will result in the delisting of SHS Viveon from the Munich Stock Exchange in November 2024. Sidetrade’s AI, Aimie, continues to analyze vast amounts of B2B payment data, aiding businesses worldwide in improving cash flow and working capital.

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