ShipRush’s technology helps small and midsize e-commerce companies deliver packages. It’s being acquired by Waterloo, Ontario-based Descartes Systems Group.
Canadian logistics technology company Descartes Systems Group has bought Seattle shipping software company ShipRush for $14 million.
The deal, announced last week, means ShipRush will become part of the global logistics network division of Waterloo, Ontario-based Descartes, which develops software to manage logistics and supply chains.
ShipRush’s technology helps small and midsize e-commerce companies deliver packages. It prints shipping labels and provides tracking for customers, and its technology integrates with e-commerce websites like eBay and Amazon.
ShipRush, formed in 1992, could receive an additional $3 million as part of the deal if it meets preset performance targets.
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