Descartes Systems Group announced and completed its acquisition of Datamyne on December 23, 2016. Datamyne provided cloud-based trade-data research and business-intelligence tools; Descartes said the deal would add that content to its Global Logistics Network and connect Datamyne customers with its shipment-execution services.
When did Descartes acquire Datamyne?
Descartes Systems Group reported the announcement and closing on December 23, 2016. The transaction therefore was not merely an announced agreement awaiting completion: the company said it had acquired Datamyne that day.
| # | Preview | Product | Price | |
|---|---|---|---|---|
| 1 |
|
Learning to Love Data Science: Explorations of Emerging Technologies and Platforms for Predictive... | $21.99 | Buy on Amazon |
How much did Descartes pay?
The reported amounts differ because the disclosures use different accounting bases. They should not be treated as three interchangeable statements of one price.
| Disclosure | Amount and basis |
|---|---|
| Descartes’ December 23, 2016 announcement | Approximately US$52.7 million in cash, described as the purchase price. |
| Descartes acquisition disclosure filed with the U.S. Securities and Exchange Commission in 2017 | Approximately US$55.2 million paid in cash. |
| Later Descartes shareholder reporting | US$52.5 million, net of cash acquired; funded from cash on hand. |
For a concise account of the deal as announced, use approximately US$52.7 million in cash. For accounting comparisons, retain the relevant filing’s basis: the SEC disclosure gives cash paid, while the later shareholder figure is net of cash acquired.
Recommended Free Tools
#1 Best Overall
What did Datamyne do?
Datamyne gathered, cleansed and commercialized logistics trade data. Its web-based research and business-intelligence tools let subscribers examine import, export and related logistics records for commercial decisions, including sourcing, prospecting, marketing and market research.
Trade-data collection and coverage
In its 2016 announcement, Descartes said Datamyne collected data from official filings with customs authorities and trade ministries in more than 50 nations across five continents: North America, Latin America, Asia, Africa and the European Union. The company said more than 100 million records were gathered each year. These figures describe the service as presented in the 2016 announcement, not a current coverage specification.
How subscribers used the data
Datamyne’s research tools were intended to make trade-data research faster and simpler and help businesses develop global marketing, prospecting and sourcing strategies. The data provided a view into trade activity; it was not itself a shipment-execution service.
Why was Datamyne important to Descartes?
The acquisition expanded Descartes’ content beyond customs and regulatory data into logistics trade data. That could give users more information for trade decisions within the context of Descartes’ Global Logistics Network, while giving Datamyne customers a route to Descartes’ shipment-execution solutions.
Quick wins for a faster PC:
Repair Windows errors before they cause bigger problemsFix Now →Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Descartes CEO Edward J. Ryan described the intended fit this way: “Datamyne broadens our trade data content footprint beyond customs and regulatory data and into logistics trade data. This enables Descartes’ customers to make even better decisions using the Global Logistics Network, and gives Datamyne customers access to the leading platform for shipment execution.”
Descartes said nearly 3,000 Datamyne customers were expected to join its Global Logistics Network. The company framed that connection as access to a wider multimodal logistics community and additional shipment-execution solutions; the figure was an expectation stated at announcement, not a count of customers confirmed to have migrated.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What happened to Datamyne after the acquisition?
Datamyne’s trade-intelligence offering continued as part of Descartes. On September 24, 2026, Descartes announced a Datamyne AI Agent embedded in its global trade-intelligence solution. The company said the agent draws on data spanning 230 markets and more than 500 million shipment records annually.
Descartes also said the agent can reduce global trade-data research and analysis time by up to 90%, depending on the user’s experience and query complexity. That is a company-reported performance claim, not an independently verified benchmark. The newer scale figures refer to Descartes’ 2026 announcement and should not be compared directly with the narrower coverage and annual-record figures stated in 2016 without accounting for the different dates and descriptions.
Free tools Windows power users keep installed
One-click scans. No signup required.
How did Datamyne fit into the broader combined offering?
Datamyne’s own announcement described the combined companies’ planned offering as a global trade database and management tools for logistics operations, compliance, market research and other commercial content across more than 160 countries. This was the stated scope of the combined offering in that announcement; it is distinct from Descartes’ 2016 description of Datamyne’s underlying data collection in more than 50 nations.
Quick Recap
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
