Descartes Acquires Localz
Adds Advanced Customer Engagement Capabilities to Descartes’ Final-Mile Delivery Solutions
ATLANTA and MELBOURNE, Australia, April 20, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired the assets of Localz, a technology platform to help engage with customers on the day they’re having goods or services delivered.
The Localz platform combines real-time vehicle location tracking and communications to deliver safe, transparent, customer-centric SaaS solutions that transform the customer delivery experience. End customers can schedule services and deliveries through an online portal, and then follow the progress of their order in real-time with advanced notifications built in. Localz also helps retailers provide a premium, highly efficient “click-and-collect” solution that improves the in-store collection process.
"Descartes continues to invest in final-mile solutions to help our customers offer cost-efficient delivery services that transform the end customer experience,” said Ken Wood, EVP of Product Management at Descartes. “By combining with Localz, we’ve expanded our capabilities so our customers can further differentiate themselves in a highly-competitive final-mile delivery market where delivery excellence is a must-have.”
“A great delivery experience is essential and expected by customers,” said Edward J Ryan, Descartes’ CEO. “End customers demand visibility and choice. Localz has a highly complementary solution to Descartes that dramatically improves the scheduling and day-of-service customer experience. We’re thrilled to welcome the Localz employees, customers and partners into the Descartes family and we look forward bringing this new technology to our wider customer base.”
Localz is headquartered in Melbourne, Australia. Descartes acquired the assets of Localz for approximately $US 6.2 million, satisfied from cash on hand.
About Descartes Systems Group
Descartes is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security, and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com , and connect with us on LinkedIn and Twitter .
Global Investor Contact
Laurie McCauley
+1-519-746-6114 x202358
investor@descartes.com
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