Mergers & Acquisitions
By The Online Investor Staff, updated Wed., Feb. 26, 5:53 PM
| This Slide: #15 of 100 |
Slide #15. Descartes Systems Group — Peoplevox
Acquirer:
Descartes Systems Group (NASDAQ:DSGX)
Acquiree:
Peoplevox
Details:
Descartes Systems Group (TSX:DSG.CA) (NASDAQ:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired Peoplevox, a leading provider of cloud-based ecommerce warehouse management solutions ("eWMS").
Descartes Systems Group is a global provider of federated network and global logistics technology solutions that help customers make and receive shipments and manage related resources. Co.'s network-based solutions, which primarily consist of services and software, connect people to their trading partners and enable business document exchange (bookings, bills of lading, status messages); regulatory compliance and customs filing; route and resource planning, execution and monitoring; inventory and asset visibility; rate and transportation management; and warehouse operations.
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Avg. Broker Rec.
 
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Buy (3.18 out of 4) 48th percentile
(ranked lower than approx. 52% of all stocks covered)
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