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Descartes Systems Group acquires InterCommIT for $13.8m

NewsMatthew Garrow-Fisher, Head of Research03.11.2011 Comments (0)


Descartes, provider of logistics technology, acquires InterCommIT, a Dutch company specialising in the transmission of electronic data, for $13.8m. 

This acquisition gets Descartes customers access to a broader scale and scope of document-critical functionalities that are key to efficient supply chain and logistics operations. It also gives Descartes a larger number of European retailers and suppliers and enhances its capability in electronic invoicing, document and catalogue solutions, he said.

Read the full article at:

http://www.therecord.com/news/business/article/618711--descartes-acquires-dutch-firm-for-13-8-million-us

Descartes Systems Group, InterCommIT, acquisition, transmission of electronic data

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