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Descartes Joins Forces with Thyme-IT

Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired Thyme-IT, a leading provider of customs and regulatory compliance solutions.

Based in Ireland, Thyme-IT provides customs declaration software solutions for logistics services providers (“LSPs”) and shippers. The company’s customs filing solutions, operating under the brand Thyme-IT, help importers, exporters, and LSPs comply with Irish regulatory requirements for imports and exports in a secure and efficient manner.

“Descartes’ Global Logistics Network (“GLN”) was built to help shippers, carriers, and LSPs connect and collaborate to manage the complete lifecycle of shipments,” said Ken Wood, EVP Product Management at Descartes. “This combination with Thyme-IT is highly complementary to our current product footprint. Thyme-IT adds deep Irish customs domain expertise and a modern multi-country customs technology platform.”

“As customers increasingly look to cover more business processes with one provider, we continue to add solutions to the GLN for them to do so,” Edward J. Ryan, Descartes’ CEO. “Thyme-IT shares a common vision to serve the wider global logistics community of shippers, carriers and LSPs. We’re excited to welcome the Thyme-IT employees, customers and partners into the Descartes family.”

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