Descartes (DSGX) Acquires England-based BoxTop for $13M
DSGXDescartes(DSGX) ZACKS·2024-06-12 21:46

The Descartes Systems Group Inc (DSGX) had recently acquired England-based BoxTop Technologies Limited for $13 million (or £10.25 million) in an all-cash deal. The company is looking to integrate BoxTop solutions with its Global Logistics Network (“GLN”) platform. The acquisition of BoxTop will aid Descartes in expanding its footprint in Europe. Descartes noted that it has been working with BoxTop for some time now and acquisition was the “next logical step” of the collaboration. Headquartered in Windsor, B ...