Descartes Systems Group Acquires Oz Development, Inc.
November 25, 2015
Descartes Systems Group acquired Oz Development, Inc., a U.S.-based provider of application integration solutions for SMBs, to strengthen its e‑commerce fulfilment and supply chain automation capabilities. The deal (approximately US$29.5 million in cash) brings Oz's domain expertise and customer base into Descartes' Global Logistics Network and extends its reach into the SMB e‑commerce market.
- Buyers
- Descartes Systems Group
- Targets
- Oz Development, Inc.
- Industry
- Cloud & SaaS
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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