Descartes acquires Aljex for US $32.4 million
WATERLOO, ON – Descartes Systems Group has acquired Aljex Software, which provides back-office systems for freight brokers and transportation providers, for US $32.4 million in cash.
Aljex boasts about 400 North American customers who make 3 million freight moves a year, automating their business processes and creating electronic documents needed for the moves.
Waterloo, Ontario-based Descartes supplies Software-as-a-Service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete other logistics processes.
“Descartes has worked with Aljex for a number of years,” said Edward J. Ryan, Descartes’ Chief Executive Officer. “We now have an opportunity to fully integrate Aljex into the Global Logistics Network. In doing so, we can provide customers with improved access to track shipments and the ability to better utilize increasingly scarce carrier capacity.”
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