Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), a global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired the assets of Localz, a technology platform to help engage with customers on the day they’re having goods or services delivered.
"Descartes continues to invest in final-mile solutions to help our customers offer cost-efficient delivery services that transform the end customer experience,” said Ken Wood, EVP of Product Management at Descartes. “By combining with Localz, we’ve expanded our capabilities so our customers can further differentiate themselves in a highly-competitive final-mile delivery market where delivery excellence is a must-have.”
“A great delivery experience is essential and expected by customers,” said Edward J Ryan, Descartes’ CEO. “End customers demand visibility and choice. Localz has a highly complementary solution to Descartes that dramatically improve the scheduling and day-of-service customer experience. We’re thrilled to welcome the Localz employees, customers, and partners into the Descartes family and we look forward to bringing this new technology to our wider customer base.”
Localz is headquartered in Melbourne, Australia. Descartes acquired the assets of Localz for approximately $US 6.2 million, satisfied from cash on hand.