Logistics technology provider Descartes Systems Group is acquiring software specialist Telargo to add new mobile information capabilities to trucking operations systems.
Descartes will pay $9.6 million for Telargo, which is headquartered in New Jersey and has offices in Slovenia.
The company focuses on telematics, or the blending of wireless information into larger operating systems, delivering the capability through software-as-a-service to allow for real-time decisions.
Descartes says it will add build the software into its technology offerings to help trucking companies manage trucks and cargo on the move while complying with a growing array of domestic transportation regulations.
Ed Ryan, chief commercial officer of Descartes said the acquisition would enable the company to provide a pre-integrated, end-to-end service that combines hardware and software and is delivered over the Descartes Global Logistics Network.
Telargo’s software gathers information about vehicles, such as location, engine use and braking information, and the drivers of those vehicles, such as time on the road. The data can be used to create dynamic estimated time of arrival notifications for delivery recipients and for operational analysis.