DESCARTES COMPLETES TAKEOVER OF TRADEVISION AB

DESCARTES COMPLETES TAKEOVER OF TRADEVISION AB    Descartes Systems Group Inc., the electronic logistics systems provider, has acquired from SAS Cargo the remaining 30 percent interest it did not own in Tradevision AB, a global provider of logistics connectivity for the air freight industry.
   Prior to Descartes acquiring the balance of the company, Tradevision operated on a standalone basis. Descartes said it now intends to integrate Tradevision fully into its own global operations.
   As a wholly owned subsidiary of Descartes, Tradevision’s products, such as Logiman, will now be offered to Descartes’ customer base. Logiman is a global tracking, tracing, visibility and statistical monitoring solution for air-freight shipments.
   Descartes had bought 70 percent of Tradevision in December 2001.