Logistics software solution Descartes buys German Pixi
Descartes, a provider of SaaS logistics software solutions, has acquired Pixi, a German solutions provider for ecommerce order fulfilment and warehouse management. Pixi’s ERP software is currently integrated with hundreds of ecommerce sites in Europe and has offices in Munich, Leipzig and Slovenia.
Descartes announced the news on its company website, where it says it bought the German company for approximately 9.2 million euros, paid in cash. “We believe that our customers are looking for a solution that integrates their ecommerce front-end, warehouse and shipping systems. Consumers expect to be able to choose when they will receive their order, so our ability to bring different delivery methods and windows to the point-of sale is a big differentiator”, Descartes’ CEO Edward Ryan explained.
How Pixi works
Pixi was founded in 2000 and helps its customers automate ecommerce processes originating form online orders. The ERP software is integrated with hundreds of European ecommerce website and customers include both SMBs and larger retailers. Pixi’s platform collects all the order information from an online shop, translates that into a scanner-driven pick and pack process within the warehouse, initiates the shipment to the customer, and synchronizes all of this information with the customer’s financial system for invoicing and shipment tracking.
Descartes has its headquarters in Ontario, Canada and has over 10,000 customers in more than 160 countries worldwide. It generated revenues of 170.9 million dollar (€147 million) during the fiscal year 2015.