SAN FRANCISCO: Responsive, a global leader in AI-powered Strategic Response Management (SRM) software, announced Tuesday its acquisition of Bidhive, an Australian bid and proposal management platform. The deal strengthens Responsive’s foothold in the Asia-Pacific (APAC) region.
Bidhive’s expertise in bid management complements Responsive’s AI-driven platform, enabling enterprises to handle requests for proposals (RFPs), tenders and other strategic responses more efficiently. The acquisition will enhance Responsive’s offerings in APAC, where demand for scalable response solutions is growing.
“This marks a major milestone in our global expansion,” said Ganesh Shankar, CEO of Responsive. “Bidhive’s strong APAC presence and technology will help us deliver greater value to organizations optimizing their response processes.”
The deal aligns with Responsive’s goal of streamlining response management worldwide. Bidhive’s regional expertise, combined with Responsive’s AI platform, aims to help businesses craft faster, smarter bid strategies.
“Partnering with Responsive accelerates our mission to transform bid and proposal management,” said Nyree McKenzie, Bidhive’s founder and CEO. “Together, we’ll deliver more powerful solutions across APAC and beyond.”
Responsive said existing Bidhive customers will see uninterrupted service during the transition. The company, known for its AI-driven SRM software, helps organizations manage critical business responses while reducing risk and improving efficiency.
Financial terms of the acquisition were not disclosed.