The purchase price was $29.7 million.
“The ‘last mile’ is a key piece of the supply chain that directly touches customers and has traditionally been fraught with manual, paper-based processes,” Descartes said. “Airclic’s Perform platform provides configurable, feature-rich mobile technology and advanced electronic, proof-of-delivery solutions that operate on a hand-held device carried by the driver. The solutions help customers across a number of industry verticals — including third-party logistics, food and beverage, retail and healthcare — improve transportation efficiency and reduce the cost of delivering goods.”
Descartes said demand is growing for mobile applications that help companies improve their fleet operations. Airclic’s solutions are deployed on more than 40,000 handheld devices across a range of verticals, and the acquisition is intended to help strengthen Descartes’ routing, mobile and telematics solution portfolio.
Descartes Chief Executive Officer Ed Ryan said the two companies had several common customers already. “With a focus on integrating our businesses to provide superior results for our customers, we believe we can meet the growing demand for integrated routing and mobile fleet-management solutions, and put Airclic on a path to achieving similar operational profitability to Descartes.”
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now