Descartes Systems Group, a global on-demand software-as-a-service logistics solutions provider, has acquired privately-held Minnesota-based RouteView Technologies Inc.
RouteView provides technology solutions
in a recurring revenue model to help small- and medium-sized organizations manage their delivery operations. RouteView's map-based routing software combines with wireless/GPS and automated call-out technology to help businesses, particularly in the home delivery and distribution industries, with a comprehensive delivery management solution. For more information visit www.RouteView.com.
"RouteView and Descartes each use superior technology to help customers manage the last mile of delivery," said Arthur Mesher, CEO of Descartes. "We share a common approach to serving customers with an on-demand business model that combines route optimization technology and automatic vehicle location services."
The purchase price for this acquisition was about $3 million in cash, plus up to an additional $500,000 in cash if certain sales targets are met by RouteView.