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Panasonic buys Blue Yonder – Channel EYE


Panasonic has snapped up digital fulfilment platform outfit Blue Yonder.
The move will mix Panasonic’s strength in industrial engineering, IoT and edge technologies with Blue Yonder’s AI/ML-driven supply chain and commerce solutions
Panasonic will buy the remaining 80 percent of shares (for $5.6 billion) of Blue Yonder, adding to the 20 percent Panasonic acquired in July 2020.
The additional investment totals $7.1 billion, including repayment of outstanding debt, valuing Blue Yonder at $8.5 billion. An agreement to buy the remaining shares of Blue Yonder was reached today between Panasonic and the existing shareholders New Mountain Capital and funds managed by Blackstone.
The outfits say more intelligent, autonomous, and edge-aware supply chains were needed thanks to the COVID-19 pandemic, the rise of e-commerce and the proliferation of data. ....

Yuki Kusumi , Yasuyuki Higuchi , Panasonic Connected Solutions , Blue Yonder , New Mountain Capital , Autonomous Supply Chain , யூகி குசுமி , நீலம் யோண்டர் , புதியது மலை மூலதனம் , தன்னாட்சி விநியோகி சங்கிலி ,

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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