Descartes Systems Acquires Oz Development

Canadian technology provider Descartes Systems Group announced a $29.5 million acquisition of Oz Development Inc., which helps small to midsize companies automate logistics.

Privately held Oz, which is based in suburban Boston, has facilitated the integration of e-commerce, supply chain platforms and enterprise resource planning systems to do business with UPS Inc. and other companies. Oz works with about 7,000 customers, said the statement from Descartes, of Waterloo, Ontario.

“The e-commerce market in North America continues to grow as consumer buying patterns and expectations evolve,” said Ken Wood, executive vice president of product management. “By combining with Oz, we can better address this segment of the retail community and extend the reach of our Global Logistics Network to drive more logistics messaging and application adoption.”

Wood said in a statement that Oz helps companies that don’t have their own fleets to make final-mile deliveries through companies such as UPS.