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Synopsis
Descartes, a provider of on-demand, software-as-a-service solutions, completed the acquisition of 3GTMS, a provider of transportation management solutions, for $115m. “Much like Descartes, 3G has been successfully building solutions that connect shippers, carriers and logistics services providers to efficiently digitize and manage the lifecycle of shipments. We look forward to working with 3G’s team of deep domain experts to bring our products together and we’re thrilled to welcome 3G’s partners and customers into the Descartes family,” Edward J. Ryan, Descartes CEO.
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