Descartes Systems Buys pixi* Software For $10.4 Million

Descartes Systems Group DSGX revealed that it acquired German-based pixi* Software GmbH ("pixi"), a provider of technology solutions for e-commerce order fulfilment and warehouse management. The company paid $10.4 million in cash for the acquisition.

Descartes Systems said that for more than a decade, pixi helped its customers automate e-commerce processes originating from online orders. The acquired firm is engaged in integrating hundreds of e-com sites in Europe currently.

The American firm's CEO Edward Ryan said, "We believe that our customers are looking to us for a solution that integrates their e-commerce front-end, warehouse and shipping systems. Consumers expect to be able to choose when they will receive their order, so our ability to bring different delivery methods and windows to the point-of sale is a big differentiator."

He added that "We're thrilled that pixi is combining with Descartes to help us serve customers, and we welcome the pixi employees, customers and partners to the Descartes community."

Descartes Systems said pixi's platform gathered order information from an e-commerce webfront, translated into a scanner-driven pick and pack processed within the warehouse. Following that it initiated the shipment to the customer. The key factor was that it synchronized all the information with the customer's financial system for invoicing and shipment tracking.

Shares of the company traded 0.64 percent higher on Thursday.