SSL

The community for leaders in finance shared services


Header social space button
Header Strategy Space Button
Header Supplier Space Button
Header Subject Space Button

Descartes Systems Group acquires InterCommIT for $13.8m

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


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

Please login to rate this news.


Your Comments

Login to add a comment

There are no comments yet. Be the first and leave a response!