Descartes Systems Group Acquires Foxtrot
April 21, 2022
Descartes Systems Group acquired Foxtrot, a San Francisco-based provider of machine learning-driven mobile route execution solutions, for approximately US$4.0 million in cash. The acquisition strengthens Descartes' artificial intelligence and machine learning capabilities within its route planning and execution suite and expands its capabilities in retail food and beverage distribution and last-mile logistics.
- Buyers
- Descartes Systems Group
- Targets
- Foxtrot
- Industry
- Logistics & Distribution
- Location
- California, United States
- Transaction Type
- Buyout
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