The Descartes Systems Group Inc. (TSE:DSG) has released an update.
Descartes Systems Group has expanded its customs and regulatory compliance solutions by acquiring Ireland-based Aerospace Software Developments (ASD), which offers customs declaration and RFID asset tracking solutions for the logistics industry. The acquisition, valued at approximately €57 million, reinforces Descartes’ Global Logistics Network offerings, promising enhanced services for shippers, carriers, and logistics service providers. The move is set to streamline global trade documentation and asset tracking for the logistics community.
For further insights into TSE:DSG stock, check out TipRanks’ Stock Analysis page.
