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Panasonic Acquires Blue Yonder

| Medlemsnyhet | Företag Blue Yonder Nordic AB

Acquisition will combine IoT/edge and AI/ML solutions to deliver new cloud capabilities and create a more sustainable world

Panasonic Corporation announced today that it has agreed to acquire Blue Yonder, the leading end-to-end, digital fulfillment platform provider. Panasonic will purchase the remaining 80% of shares (for USD5.6 billion) of Blue Yonder, adding to the 20% which Panasonic acquired in July 2020. Including repayment of outstanding debt the additional investment totals USD7.1 billion, valuing Blue Yonder at USD8.5 billion. An agreement to purchase the remaining shares of Blue Yonder was reached Friday 23rd between Panasonic and the existing shareholders New Mountain Capital and funds managed by Blackstone.

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Medlemsnyhet

Företag
Blue Yonder Nordic AB

Vasagatan 23, 8e vån
111 20 111 20
Sverige
Blue Yonder Nordic AB

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