Waterloo Region Connected

A thread to discuss everything Descartes group.

only wished I bought some stocks at $4-$6 range when I was back there before 2011

now, it's $25 CAD!!!

shows that M&A strategy can work..

Descartes paid 5.8 billion to buy Appterra a Texas based firm this week.

http://m.therecord.com/news-story/690873...ation-firm

(10-15-2016, 02:30 PM)rangersfan Wrote: [ -> ]Descartes paid 5.8 billion to buy Appterra a Texas based firm this week.

http://m.therecord.com/news-story/690873...ation-firm

Million.

See I was thinking that didn't make sense thanks for the correction.

Descartes has purchased an Australian company 4Solutions.


http://kitchener.ctvnews.ca/mobile/desca...-1.3156450

Descartes has purchased a US trucking logistics company, the deal is valued at $107 million.


http://kitchener.ctvnews.ca/mobile/water...-1.3546617

What does Descartes do, rangersfan?

https://en.wikipedia.org/wiki/Descartes_Systems_Group

Quote:The Descartes Systems Group Inc. (commonly referred to as Descartes) is a Canadian multinational technology company specializing in logistics software, supply chain management software, and cloud-based services for logistics businesses.

Headquartered in Waterloo, Ontario, Canada, Descartes is a publicly traded company with shares listed on the NASDAQ Stock Market (NASDAQ: DSGX) and Toronto Stock Exchange (TSX: DSG). It has offices in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region.

You know that right Canard? They figure out how many sprockets need to be accommodated on a conveyor belt, how to get all the gears to the sprocket at the same time, how many needle bearings each sprocket needs at that exact moment, and how many sprockets can be binned out to users every hour....right? 

Not a fan of needle bearings myself. I'm a cross roller ring guy, myself...