Let us introduce you to Blue Yonder, one of the world’s largest supply-chain software companies.
Last week, Japanese electronics maker Panasonic acquired the software firm for $7.1B, per Supply Chain Dive.
At this point, you’re probably wondering:
Here’s an example:
As highlighted in the deal’s presentation, Blue Yonder’s technology is used by 3k customers in 76 countries and includes 65 of the world’s largest retailers like Starbucks, Procter & Gamble, and Coca-Cola.
… and Blue Yonder’s software provides a way to manage more frequent planning cycles and a massive shift to ecommerce.
In business jargon, the ~$30B Panasonic Corp. — which manufactures everything from EV car batteries to consumer TVs — says the deal “will connect the digital and physical layers.”
This is actually the 2nd deal in as many months by a giant Japanese manufacturer acquiring a software firm: Hitachi recently plunked down $9.6B for Silicon Valley-based GlobalLogic.