June 11 (Reuters) - Descartes Systems Group Inc DSG.TO :
* DESCARTES ACQUIRES KONTAINERS
* DESCARTES SYSTEMS- ACQUIRED KONTAINERS FOR TOTAL CONSIDERATION OF UP TO $12M
* DESCARTES SYSTEMS- ACQUIRED KONTAINERS WITH UP-FRONT CONSIDERATION OF $6 MILLION, PLUS POTENTIAL PERFORMANCE-BASED CONSIDERATION
* DESCARTES SYSTEMS GROUP INC - UP-FRONT CONSIDERATION WAS SATISFIED FROM CASH ON HAND
* DESCARTES SYSTEMS GROUP INC - ANY EARN-OUT IS EXPECTED TO BE PAID IN FISCAL 2022 AND FISCAL 2023