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Datamyne was a privately held corporation that provided access to a searchable database of import-export trade data from 50 countries across five continents. In December 2016, the company was acquired by Descartes Systems Group for approximately US$52.7 million in cash.[1]

Datamyne's data collection and processing operations are based in Montevideo, Uruguay. The data center is certified compliant with ISO 9001:2008 standards for quality management systems and processes for development, marketing, and after-sales care.

History

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The company traces its origins to the founding of URUNET by Pablo Milburn in 1992, an online source for Uruguayan foreign trade data. In 1997, Milburn launched Mercosur Online in Argentina, offering customs-sourced data on the import-export trade of the Mercosur trade bloc's four founding members: Argentina, Brazil, Paraguay, and Uruguay.

In December 2016, Datamyne became part of Descartes Systems Group.

Named a “high-impact entrepreneur” by Endeavor Global in 2003, Milburn secured private equity backing from Nassau Point Investors in Greenwich, CT, to expand operations to the U.S. The company raised additional equity through a private offering in 2010.

Incorporated in Delaware in 2005, Datamyne opened for business in Miami, offering online access to U.S. import-export trade data, including U.S. maritime import data, and South American trade data.[2]

Descartes Datamyne has since expanded its trade database coverage to include the trade data of the US NAFTA partners Canada and Mexico, 16 countries in Central and South America, EU member nations, as well as China, India, Japan, Russia, South Korea, and South Africa. Together, these countries accounted for nearly three-quarters of global trade in 2013 based on WTO-UNCTAD statistics.[3]

As part of Descartes Systems Group, the products are now included in the Descartes Global Trade Content suite.[4]

References

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  1. ^ Descartes Acquires Trade Data Provider Datamyne, Supply Chain 24/7
  2. ^ (17 April 2006). “The Datamyne establishes HQ in Miami-Dade County”. South Florida Business Journal.
  3. ^ Countries Covered, Datamyne Inc. website, retrieved 16 October 2014.
  4. ^ "Global Trade Content - Descartes". Descartes. Retrieved November 22, 2018.