The Descartes Systems Group Inc. (TSE:DSG) has released an update.
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Descartes Systems Group has enhanced its global trade compliance capabilities by acquiring OCR Services, Inc., a leader in export compliance solutions and content. The acquisition, valued at approximately $90 million, is set to provide Descartes’ customers with advanced tools for navigating the complex global regulatory environment, utilizing OCR’s AI-driven content management. Descartes, a major logistics software firm, aims to integrate OCR’s offerings into its Global Logistics Network, expanding its reach in Europe and Asia.
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