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Panasonic Completes Acquisition of Blue Yonder

Panasonic Completes Acquisition of Blue Yonder
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Panasonic Completes Acquisition of Blue Yonder

Panasonic Completes Acquisition of Blue Yonder
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Panasonic completes acquisition of Blue Yonder

Panasonic completes acquisition of Blue Yonder
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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, valuing Blue Yonder at USD8.5 billion. An agreement to purchase the remaining shares of Blue Yonder was reached today between Panasonic and the existing shareholders New Mountain Capital and funds managed by Blackstone.

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Panasonic Accelerates the Autonomous Supply Chain; Acquires Blue Yonder

Panasonic Accelerates the Autonomous Supply Chain; Acquires Blue Yonder
Panasonic Corporation announced 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 today between Panasonic and the existing shareholders New Mountain Capital and funds managed by Blackstone.
Acquisition Accelerates Autonomous Supply ChainTM
The need for more intelligent, autonomous and edge-aware supply chains has been dramatically heightened by the COVID-19 pandemic, the rise of e-commerce and the proliferation of data. This acquisition strengthens Panasonic’s portfolio and accelerates the companies’ shared Autonomous Supply Chain mission, empowering customers to optimize their supply chains using the combined power of AI/ML and IoT and edge devices. By unifying supply, demand and commerce solutions with IoT and edge technologies, companies can better utilize predictive business insights to pivot their operations in real-time.

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Panasonic to acquire Blue Yonder to accelerate autonomous supply chains

23 April 2021
Panasonic to acquire Blue Yonder to accelerate the autonomous supply chain
Panasonic has announced it will purchase the remaining 80% of shares in software company Blue Yonder, to deliver new cloud capabilities
The acquisition builds on a strategic relationship between the two companies.
The acquisition of Blue Yonder by Panasonic follows the purchase of 20% of Blue Yonder’s shares in July 2020, with the remaining 80% being bought for $5.6 billion, bringing the total investment to $7.1 billion, including repayment of outstanding debt.
The deal, which is intended to close by the second half of this fiscal year (subject to receipt of regulatory approvals), values Blue Yonder at $8.5 billion, and sees agreement between Panasonic and existing shareholders New Mountain Capital, along with funds managed by Blackstone, being reached.

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Panasonic Acquires Blue Yonder to Accelerate Autonomous Supply Chains

Panasonic Acquires Blue Yonder to Accelerate Autonomous Supply Chains
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(PCRFY) - Report: Panasonic Set To Acquire Blue Yonder For $6.5B

(PCRFY) - Report: Panasonic Set To Acquire Blue Yonder For $6.5B
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