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Panasonic buys Blue Yonder

by on08 March 2021

Spends $6.45 billion

Panasonic is to buy US software firm Blue Yonder for $6.45 billion in what will be the Japanese electronics firm’s biggest acquisition since 2011.

While Panasonic bought a 20 percent stake of Blue Yonder in 2020, it is now in the final stage to acquire the rest from shareholders including Blackstone, the Nikkei said,

To be fair it is all rumour and speculation but so far no one has rushed to deny it. 

Panasonic aims to expand hardware that combines software, sensors and other devices to help companies improve operational efficiencies, Nikkei said.

Last modified on 08 March 2021
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