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Enverus Acquires BidOut, AI-powered procurement platform provider

Enverus, an energy-dedicated SaaS company that leverages generative AI across its solutions, has acquired BidOut, an AI-powered procurement platform specializing in requests for anything (RFx). BidOut, founded in 2020 and headquartered in Houston, empowers buyers to source bids from multiple suppliers by streamlining the RFx creation process, a process that has traditionally taken multiple days to

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