Announced
Completed
Financials
Sources
Tags
parcel shipping
Private
Express Courier / Parcels
Majority
Cross Border
Acquisition
Completed
Friendly
Single Bidder
United States
Synopsis
Descartes Systems Group, a Canadian multinational technology company, completed the acquisition of XPS Technologies, a provider of ecommerce multi-carrier parcel shipping solutions, for $75m. "XPS complements our significant recent investments in the ecommerce fulfilment and shipping space. We welcome the XPS customers, employees and partners to the Descartes community and, together, look forward to helping the community manage the full lifecycle of domestic and international ecommerce shipments," Edward J. Ryan, Descartes CEO.
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