Descartes announced the acquisition of inventory and order management platform Sellercloud for an upfront $110 million. The transaction includes up to an additional $20 million in consideration based on combined revenue targets.
New Jersey-based Sellercloud provides omnichannel e-commerce services to more than 1,000 merchants, distributors, wholesalers and manufacturers. The company’s platform is designed to help users manage product across multiple sales channels, including the fulfillment...