Descartes Systems Group (DSGX) Acquires Peoplevox
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Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired Peoplevox, a leading provider of cloud-based ecommerce warehouse management solutions (“eWMS”).
Headquartered in the UK, Peoplevox serves direct-to-consumer ecommerce customers around the world. Peoplevox’s web-based eWMS and ecommerce fulfilment solutions help customers seamlessly connect to webshop front ends, translate order information into a mobile-driven pick and pack process within the warehouse and then feed parcel delivery systems for shipment execution. The company’s customers include direct-to-consumer brands, ecommerce retailers and traditional retailers with physical stores looking to enhance their online presence to meet the need for omni-channel deliveries to consumers.
“Successful ecommerce supply chains require flexible fulfilment systems that can scale up and down during peak periods, while maintaining connections with a complex ecosystem of sales and delivery channels,” said Jonathan Bellwood, founder of Peoplevox and now VP Industry Solutions at Descartes. “Our web-based eWMS was built with this ecosystem in mind. It helps customers turn fulfilment into a competitive advantage. By combining with Descartes, we see an opportunity to extend our market reach and integrate with complementary technologies to manage the full lifecycle of domestic and cross-border ecommerce shipments.”
“Like our investments in Oz, pixi and ShipRush, Peoplevox adds density and domain expertise to what is an increasingly important area of our business – ecommerce,” said Edward Ryan, Descartes’ CEO. “We’re thrilled that Peoplevox is joining Descartes to help us better serve businesses looking to enhance their direct-to-consumer fulfilment performance. We welcome Peoplevox employees, customers and partners to the Descartes community.”
Peoplevox is headquartered in London, England. Descartes acquired Peoplevox for GBP 18.9 million (approximately US $24.5 million), net of cash acquired, satisfied from cash on hand and Descartes’ existing line of credit.
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