Panasonic Accelerates the Autonomous Supply Chain with Acquisition of Blue Yonder – Consumer Electronics Net
3 hours ago Acquisition will combine IoT/edge and AI/ML solutions to deliver new cloud capabilities and create a more sustainable world OSAKA, Japan–(BUSINESS WIRE)–#autonomous—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, valui...