What have been Descartes’ recent acquisition activities?
On June 12, 2011, Descartes acquired privately-held Telargo Inc., a leading provider of telematics solutions. Telargo is a software-as-a-service (SaaS) provider of MRM telematics solutions that enable its clients to monitor and manage mobile assets (i.e., vehicles, workforce, equipment and cargo) and help fleet owners comply with various domestic transportation regulations. Telargo’s solutions gather information about vehicles, such as location, engine use and braking information, and the drivers of those vehicles, such as hours of driver service. This data can then be used for real-time decision making, dynamic estimated time of arrival notifications for delivery recipients, and sophisticated operational analysis. In the quickly evolving United States regulatory environment, Telargo’s telematics solutions also help fleet owners comply with new driver hours of service (HOS) and fuel tax reporting (IFTA) regulations. On November 2, 2011, Descartes acquired InterCommIT, a leading Netherl
