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Descartes acquires ShipRush

Friday, 19 May 2017 06:45am EDT

May 19 (Reuters) - Descartes Systems Group Inc :Descartes acquires Shiprush.Descartes Systems Group Inc - Descartes acquired shiprush for up-front consideration of approximately $USD14.0 million.Descartes Systems Group Inc says descartes acquired shiprush for up-front consideration of approximately $USD14.0 million satisfied with cash on hand.Descartes Systems Group Inc - any earn-out is expected to be paid in fiscal 2019 and fiscal 2020.

Iflytek to merge with telecom unit

Thursday, 18 May 2017 06:11am EDT

May 18 (Reuters) - Iflytek Co Ltd <002230.SZ> ::* Says it plans to merge with its wholly owned Hefei-based telecom unit .* Says the unit will be dissolved after transaction.

Nucleus Software Exports says Essel Home Loans signs deal for FinnOne Neo Cloud

Thursday, 18 May 2017 12:41am EDT

May 18 (Reuters) - Nucleus Software Exports Ltd ::Says Essel Home Loans has signed a deal for FinnOne Neo Cloud.

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