XS Inc sells XSAg.com to staff
The US data management company, XS Inc (Morrisville, North Carolina), has sold its online agrochemical trading business, XSAg.com, to Farmtrader, an entity comprised of former XSAg.com employees. The deal was completed on January 4th for an undisclosed sum. Farmtrader will operate from new facilities in Cary, North Carolina from January 30th. The XSAg.com business has operated since 1999. XS Inc decided to sell the business so that it could focus completely on data management.