Announced
Completed
Financials
Sources
Tags
compliance solutions
Ireland
declaration software
software development
Software
Acquisition
Cross Border
Majority
Private
Completed
Friendly
Single Bidder
Synopsis
Descartes, a Canadian multinational technology company, completed the acquisition of Aerospace Software Developments, a provider of customs and regulatory compliance solutions, for $61m. "As customers increasingly look to cover more business processes with one provider, we continue to add solutions to the GLN for them to do so. ASD shares a common vision to serve the wider global logistics community of shippers, carriers and LSPs. We’re excited to welcome the ASD employees, customers and partners into the Descartes family," Edward J. Ryan, Descartes CEO.
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