Royal Mail buys Intersoft
Royal Mail has been on the acquisition trail again – buying Intersoft Systems and Programming, a provider of delivery management software for international parcel shipments. The postal operator said that its latest acquisition complements the recent purchases of data management and labelling provider NetDespatch and delivery software developer Storefeeder – and underpins its objective to “provide customers with flexible, integrated, technologically advanced solutions that make shipping parcels easier”.
Intersoft’s Intelligent Shipper product allows customers to “fully manage their delivery options through the entire delivery journey”. This includes order management and carrier selection, through to delivery performance, invoice checking and payment authorisation among other services.
Nick Landon, Managing Director of Royal Mail Parcels, commented: “Technological capability is essential in today’s e-commerce driven marketplace and our acquisition of Intersoft will further cement our offering in this space. Intersoft will give our customers access to bespoke, international shipping solutions and as with NetDespatch and Storefeeder, is part of our strategy to grow our parcels business.”
Royal Mail said that Intersoft will be “operated at arms-length, as a standalone external facing subsidiary” so it can “continue to securely provide services to all of its existing customers”.
