Quick Take
Descartes Systemes (DSGX) announced it has acquired the group of companies operating under STEPcom for $19.6 million.
STEPcom operates as a Business-to-Business [B2B] supply chain integration network.
DSGX continues to acquire smaller firms with technologies that it can quickly integrate into its supply chain offerings to enhance customer value in an increasingly complex trading IT environment.
Target Company
Rheinfelden, Switzerland-based STEPcom was founded in 2003 and provide a suite of solutions that automate supply chain processes and streamline a range of mission-critical documents found in typical procure-to-pay and order-to-cash processes.
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