Descartes Systems Group Announces Acquisition Of Freight Broker Transportation Management Software Provider Tai For About $100M In Cash
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Why It Matters
Descartes Systems bought a company called Tai that helps freight brokers organize their shipments for about $100 million in cash. When big companies buy smaller ones to get their special skills, it usually means they want to serve customers better and grow—so watch if Descartes starts doing more things for shipping companies.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.