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Home » Descartes acquires Appterra, software firm, for $5.8 million
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Descartes acquires Appterra, software firm, for $5.8 million

October 13, 2016
Ben Ames
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Logistics software firm Descartes Systems Group Inc. said today it has purchased Appterra, a supply chain software provider whose platform is designed to support faster data flow between trading partners. The all-cash deal is valued at $5.8 million. However, Descartes could shell out an additional $1.6 million if Appterra meets revenue-based targets in each of the first two years following the deal.

Waterloo, Ont.-based Descartes will add the new property to the suite of supply chain visibility tools it calls the "global logistics network," a collaborative web of logistics firms that pool their standards to facilitate global shipping and compliance through digital data exchange.

Appterra, based in Flower Mound, Texas, provides a cloud-based network that automates supply chain processes among global trading partner. Appterra's main product is a cloud-based platform called Itzeze (pronounced "it's easy") that replaces electronic data interchange (EDI)-based communications with a collection of collaborative commerce applications that streamline data flow between trading partners.

The acquisition is the latest in a flurry of purchases for Descartes. Earlier this year, it acquired order fulfillment software vendor Pixi Software GmbH. In 2015, it acquired MK Data Services LLC, a denied-party screening application provider, BearWare Inc., a product-tracking and inventory-replenishment platform, and Oz Development Inc., a supply chain automation tool provider.

Technology
KEYWORDS Appterra BearWare Descartes Systems Group Inc. MK Data Services Oz Development Pixi Software
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Benames
Ben Ames has spent 20 years as a journalist since starting out as a daily newspaper reporter in Pennsylvania in 1995. From 1999 forward, he has focused on business and technology reporting for a number of trade journals, beginning when he joined Design News and Modern Materials Handling magazines. Ames is author of the trail guide "Hiking Massachusetts" and is a graduate of the Columbia School of Journalism.

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