Descartes Systems Group acquired PinPoint, the Toronto provider of GPS fleet-tracking and mobile-workforce-management solutions, for $15 actor of banknote and shares. Descartes is the Waterloo, Ontario, provider of software-as-a-service solutions focused on streamlining logistics-intensive businesses. This acquirement will add calibration and area adeptness to Descartes’s telematics and adaptable solutions, Descartes CEO Edward J. Ryan said in a statement.
Descartes Acquires PinPoint
WATERLOO, Ontario, August 22, 2018 (GLOBE NEWSWIRE) — Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the all-around baton in chain logistics-intensive businesses in commerce, appear that it has acquired PinPoint, a arch provider of agile tracking and adaptable workforce solutions based in Canada.
PinPoint helps its barter aggregate real-time area advice on trucks and adaptable workers application technology, including Geotab (telematics) and SkyBitz (trailer tracking). This advice is acclimated by technology solutions, like Descartes’ Routing, Adaptable & Telematics suite, to drive agile and adaptable adeptness productivity, administer disciplinarian achievement and accede with government regulations.
“The Electronic Logging Device (ELD) authorization in the US has added acceptance of telematics solutions in both the US and Canada over the aftermost few years. The US ELD authorization comes into aing aftereffect in December 2019, and Canada’s ELD authorization is accepted to follow,” said Vince Arone, General Manager of PinPoint and now VP, Adaptable Telematics Solutions at Descartes. “We see a abundant
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