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Stock Market & Financial Investment News

News Breaks
April 1, 2014
06:46 EDTDSGXDescartes Systems acquires Computer Management USA for $6.6M
Descartes Systems acquired Computer Management USA, a US-based provider of security filing solutions and air cargo management solutions for airlines and their partners. Computer Management has offices in Florida and New York. The all cash purchase price for the acquisition was US $6.6 million.
News For DSGX From The Last 14 Days
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December 10, 2014
15:41 EDTDSGXDescartes Systems management to meet with William Blair
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December 9, 2014
07:41 EDTDSGXBarclays to hold a conference
Global Technology Conference is being held in San Francisco on December 9-10 with webcasted company presentations to begin on December 9 at 10:40 am; not all company presentations may be webcasted. Webcast Link
December 8, 2014
06:02 EDTDSGXDescartes Systems acquires e-customs
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06:02 EDTDSGXDescartes Systems acquires Pentant
Descartes Systems has acquired Pentant, a UK-based Community System Provider offering customs connectivity and import/export inventory control solutions for ocean, truck and air cargo. Descartes acquired Pentant for up-front consideration of approximately $2.8M at December 5, 2014, plus potential performance-based consideration. The maximum amount payable under the all-cash performance-based earn-out is approximately $44K at December 5, 2014, based on Pentant achieving revenue-based targets over a one year period. Any earn-out is expected to be paid in fiscal 2016.

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