Descartes Systems Group said it has acquired Aerospace Software Developments in a deal worth about $83 million.
Under the transaction, Descartes will pay a total of about 57 million euros for the Dublin-based company.
ASD provides customs declaration software for logistics services providers and shippers.
The company also sells systems that help airlines track assets.
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Descartes says the acquisition of ASD is highly complementary to its current product offerings.
Based in Waterloo, Ont., Descartes provides software for logistics-intensive businesses.
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This report by The Canadian Press was first published April 22, 2024.
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