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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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