Logistics software giant WiseTech Global has started 2023 with a bang by making its largest acquisition to date, buying transport management system software company Envase Technologies for $US230 million .
The $18.3 billion company expects Envase, a US-based tech company with software for trucking and “landside” freight logistics in North America, to generate $US25 million in revenue in the 2023 calendar year.“[It] extends and strengthens our position in one of our six key CargoWise development priority areas, and we’re extremely pleased to have the Envase team join the WiseTech Global group,” he said in a statement.
Source: Tech Daily Report (techdailyreport.net)
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