Descartes to buy IES

Wednesday, June 13, 2012
   Descartes Systems Group, which provides logistics-intensive business software, has signed a definitive agreement to purchase all the assets of Integrated Export Systems, Ltd. and IES Asia Limited, collectively called IES, for $35 million in cash.    IES is a provider of Software-as-a-Service (SaaS) platforms that help freight forwarders, non-vessel operating common carriers (NVOCCs), and customs brokers manage business operations. It also provides regulatory compliance services for s...
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