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April 1, 2014 10:10 AM, EDT
Descartes System Acquires Computer Management

Descartes Systems Group said it has acquired Computer Management USA, which provides security information filing services, for $6.6 million to broaden the buyer’s offerings.

Descartes, based in Waterloo, Ontario, said the move broadens its software as a service offering for logistics customers.

The acquisition was made as air cargo service providers cope with changing regulatory requirements around the world.

John Lamberti, CEO at Computer Management, said in a statement that his company “strengthens Descartes’ Customs and Regulatory Compliance platform with additional airline-focused functionality while adding a community of hundreds of ground handlers and container freight stations.”