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Descartes Systems Group to acquire Extensiv for about $120 million cash

Descartes Systems Group Inc. said it will acquire Extensiv, a provider of warehouse management and fulfillment solutions for third-party logistics providers, for approximately $120 million. Deal is funded through cash on hand.

DSG

OTTAWA (dpa-AFX) - Tuesday, The Descartes Systems Group Inc. (DSGX) announced the acquisition of Extensiv, a provider of warehouse management and fulfillment solutions for third-party logistics providers, for approximately $120 million.The transaction, funded through cash on hand, is expected to ex…