DesCartes Systems Group Acquires Idelic for Up to $40 Million

Dow Jones19:42

By Adriano Marchese

DesCartes Systems Group acquired artificial intelligence-powered driver safety and performance management solutions company Idelic for up to $40 million.

The acquisition adds critical data to the DesCartes' global logistics network, and adds to its final-mile footprint by adding highly advanced fleet safety capabilities and deeper domain expertise, the company said on Thursday.

Idelic gathers detailed, real-time data from more than 80 different tracking and safety systems. Using years of accident data from over 150 fleets, Idelic's technology is used to predict driver risk and optimizing safety training interventions.

DesCartes, a Canadian cloud-based logistics and supply-chain management software company, will pay an up-front consideration of about $28 million, with a maximum performance-based earn-out of up to $12 million.

Any earn-out is expected to be paid in fiscal 2028 and fiscal 2029, the company said Thursday.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

April 23, 2026 07:42 ET (11:42 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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