Descartes Systems Group acquires U.S.-company Extensiv for US$120M

TORONTO - Logistics software company Descartes Systems Group has acquired U.S. provider of warehouse management and fulfilment software Extensiv for US$120 million. The acquisition enhances Descartes' capabilities in warehouse and inventory management. Extensiv serves third-party logistics providers with their software solutions.

Scott Sangster, general manager at Descartes, explains that the merger allows for expanded offerings and streamlined operations under a single technology provider. This acquisition follows Descartes' purchase of Tai Software, an AI-powered transportation management service company, for roughly US$100 million.