Mergers & Acquisitions
By The Online Investor Staff, updated Thu., Mar. 4, 1:44 PM
This Slide: #44 of 100 |
Slide #44. Descartes Systems Group — QuestaWeb
Acquirer:
Descartes Systems Group (TSE:DSG.CA)
Acquiree:
QuestaWeb
Details:
Descartes Systems Group (TSX:DSG.CA) (NASDAQ:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired QuestaWeb, a leading provider of foreign trade zone (FTZ) and customs compliance solutions.
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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