Descartes Systems Group Buys Extensiv For $120 Mln In Cash
(RTTNews) - Tuesday, The Descartes Systems Group Inc. (DSGX) announced the acquisition of Extensiv, a provider of warehouse management and fulfillment solutions for third-party logistics providers, for approximately $120 million.
(RTTNews) - Tuesday, The Descartes Systems Group Inc. (DSGX) announced the acquisition of Extensiv, a provider of warehouse management and fulfillment solutions for third-party logistics providers, for approximately $120 million.
BELLINGS Intelligence Score: 12
Why it matters
This is a routine corporate acquisition of a $120 million logistics software provider by Descartes Systems Group, representing ordinary business activity with limited broader market impact or novelty.
Sources
Nasdaq
Descartes Systems Group Buys Extensiv For $120 Mln In Cash
(RTTNews) - Tuesday, The Descartes Systems Group Inc. (DSGX) announced the acquisition of Extensiv, a provider of warehouse management and fulfillment solutions for third-party logistics providers, for approximately $120 million.