Beroe Acquires nnamu to Revolutionize Procurement Negotiations with AI

Beroe Inc., a global leader in procurement decision intelligence, has announced the acquisition of nnamu GmbH, a groundbreaking negotiation technology company based in Berlin. nnamu is known for creating the first game theory-based AI agent, which significantly enhances negotiation strategies, leading to notable cost savings and improvement in total operating costs. Beroe plans to integrate its market intelligence with nnamu’s advanced autonomous negotiation capabilities to deliver superior outcomes for their clients. Vel Dhinagaravel, Beroe’s CEO, emphasized that the acquisition bridges the market knowledge gap procurement teams face relative to their suppliers. nnamu's co-CEOs, Christian Paul and Martin Walter, expressed excitement about joining Beroe, highlighting the potential for enhanced market research impacts through their combined resources. Founded in 2006, Beroe continues to lead the procurement industry with innovative solutions that empower organizations globally. nnamu’s acquisition is expected to revolutionize the procurement negotiation process through advanced AI and game-theoretic principles.