Descartes Expands Solution Portfolio With Exentra Acquisition

11/14/2012
Logistics services provider Descartes Systems Group acquired Exentra Transport Solutions Limited, a UK-based provider of software-as-a-service (SaaS) driver compliance solutions for the European Union.

In the EU, every vehicle over 3.5 tons is required to have a tachograph, a device fitted to a vehicle that automatically records its speed and distance, together with the driver's activity. Exentra's cloud-based compliance management platform, Smartanalysis, helps customers leverage the data from a vehicle's tachograph to comply with EU-wide legislation governing driver compliance, such as the EU working-time directive.

Exentra brings thousands of UK routing-centric customers to Descartes' Logistics Technology Platform, where more than 35,000 trading partners connect and collaborate to improve logistics operations. Descartes' EU customers immediately benefit from an enhanced Routing, Mobile, and Telematics suite that integrates compliance and route planning applications. This integration can help customers have improved and safer delivery route plans and reduce working-time driver violations.

Exentra is headquartered in Chippenham, England, and provides its compliance management solutions to some of the UK's leading transportation companies. The all-cash purchase price for the acquisition was GBP 10.7 million (approximately USD $17.0 million at November 13, 2012), with Descartes acquiring approximately GBP 0.2 million in working capital (approximately USD $0.30 at Nov. 13, 2012).

For more information about Exentra, visit www.exentra.co.uk.
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