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Descartes Acquires GroundCloud

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  • February 17, 2023
  • Insights, Saas

Descartes Systems Group, the software industry pioneer in bringing together businesses with a heavy emphasis on logistics, has announced the acquisition of GroundCloud, a cloud-based provider of last-mile carrier and traffic law compliance automation. The details of the transaction include up-front consideration of approximately $USD 138 million plus the potential for performance-based upside.

Descartes Acquires GroundCloud

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