Breaking: Descartes Systems acquires 3GTMS for $115M

Capt. John

Descartes Systems Group (NASDAQ: DSGX) has announced its acquisition of 3GTMS, a leading provider of cloud-based transportation management solutions. The deal, valued at approximately $115 million, marks a significant expansion of Descartes’ capabilities in the North American logistics market.

Waterloo, Ontario-based Descartes has long been a major player in logistics and supply chain technology, offering a suite of solutions that help companies optimize and digitize their operations. This...

https://www.freightwaves.com/news/descartes-systems-acquires-3gtms-for-115m

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