OCR Services

Assembly Line

Descartes Acquires OCR

📅 Date:

🔖 Topics: Acquisition

🏢 Organizations: Descartes, OCR Services

Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired OCR Services, Inc. (“OCR”), a leading provider of global trade compliance solutions and content.

OCR specializes in solutions and content for export compliance and controlled commodities, helping customers streamline and automate processes around denied party screening, license procurement / management, and product classification. Their core platform, GlobalEASE, is used by blue-chip, multinational organizations around the world to stay current in a rapidly changing regulatory environment. Similar to Descartes, OCR monitors regulatory sources and updates their trade data content libraries daily. OCR’s controlled exports data expands Descartes’ extensive global trade content library for customers and partners, such as SAP and Oracle.

Read more at Globe Newswire