Descartes Systems Group, a supply chain software vendor, has acquired Aerospace Software Developments (ASD), an Irish company specializing in customs and regulatory compliance solutions, for a sum of USD 61 million.
Based in Dublin, ASD offers logistics service providers and shippers with customs declaration software solutions. It also offers RFID solutions that help the air logistics community track assets.
With the acquisition, Descartes aims to enhance its product portfolio by using ASD's Irish customs domain expertise and its advanced multi-country customs technology platform. Furthermore, the integration of ASD's RFID-based solutions with Descartes' CORE BLE real-time tracking platform is expected to create synergies for the airline community.
Analyst QuickTake: During the recent past, Descartes Systems Group has been enhancing its product offerings. Earlier, in April 2024, the company launched Descartes MacroPoint FraudGuard to enhance freight security. The new solutions added to its portfolio through the acquisition would further strengthen its product portfolio.
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