Descartes, a logistics software provider based in Waterloo, Ontario, announced the acquisition of Sellercloud, an omnichannel e-commerce service provider from Lakewood, N.J., for approximately $110 million. This acquisition enhances Descartes’ e-commerce technology suite by adding Sellercloud’s inventory and order management solutions, which support small to mid-market retailers and manufacturers in managing multi-channel operations. The deal aims to provide customers with integrated capabilities for order fulfillment, shipping, and customs compliance, further strengthening Descartes’ competitive edge in the logistics sector.

Source: https://www.logisticsmgmt.com/article/descartes_brings_sellercloud_into_the_fold_with_its_31st_acquisition_since_2016/