News / Descartes Systems buys Datamyne to broaden its logistics trade data footprint

Descartes Systems, one of the logistics industry’s leading software-as-a-service provider has acquired Florida-based trade-data analytics firm Datamyne for $52.7m.

Descartes chief executive Edward Ryan said the purchase from private equity group Nassau Point Investors would broaden Descartes’ trade data footprint beyond customs and regulations into logistics data, with 3,000 Datamyne customers transferring to Descartes.

“This enables Descartes’ customers to make even better decisions using our global logistics network and gives Datamyne customers access to the leading platform for shipment execution,” said Mr ...