Descartes Systems Group Inc. reported fiscal 2027 second quarter revenues of $201.1 million, a 12% increase from the prior year period, driven by growth in services revenues and contributions from recent acquisitions including OrderMine, Idelic, Drivin, Transportation Applied Intelligence Software (TAI), and Extensiv. Net income rose 32% to $50.0 million, or $0.57 per diluted share, while operating cash flow increased 28% to $81.3 million. The company also announced the acquisition of Extensiv for approximately $119.9 million and TAI for approximately $99.3 million in August and September 2026, respectively. Descartes operates in the logistics technology industry, providing software solutions for supply chain management and transportation.

Descartes Systems Group announced the acquisition of Extensiv for approximately US $120 million, paid in cash from existing funds. This transaction adds AI-enabled warehouse management and omnichannel fulfillment capabilities to Descartes' global logistics network, targeting third-party logistics providers (3PLs) and ecommerce brands. The deal follows the recent acquisition of Tai on August 24, 2026, further expanding Descartes' portfolio of supply chain technology solutions. Descartes Systems Group Inc. operates in the software industry, providing logistics and supply chain management technologies.

Descartes Systems Group announced the acquisition of Tai Software for approximately US $100 million, paid in cash from existing funds. The transaction expands Descartes' transportation management capabilities and global logistics network by integrating Tai's AI-enabled freight brokerage platform. This addition enhances Descartes' ability to serve freight brokers through automated quoting, carrier sourcing, load execution, and billing workflows. The acquisition adds valuable transaction data to the Descartes Global Logistics Network and brings on domain experts to accelerate innovation in a dynamic transportation market. Descartes Systems Group Inc. operates in the logistics technology industry, providing software and network solutions for supply chain management.