Descartes buys Mobitrac

Logistics solutions provider Descartes Systems Group has announced the purchase of Mobitrac, a fleet management business, from privately held Fluensee, Inc. in an all-cash transaction.

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Descartes said it acquired Mobitrac’s software-as-a-service routing and scheduling technology for $650,000, including direct transaction costs incurred.

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© 2008 Penton Media Inc.

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Nov. 2008

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