Logtech company Blue Yonder announced March 29 the signing of an agreement to acquire software firm One Network Enterprises (One Network) for approximately $839 million, subject to adjustments. Blue Yonder said the purchase is indicative of the company’s ambition to revolutionize the supply chain, and when completed, will mark approximately $1 billion in M&A investments covering three acquisitions since Q4 2023. Blue Yonder acquired German tech provider Flexis in February 2024 and returns management provider Doddle in November 2023.
“Supply chains have become more complex, and as more and more companies reduce risk by diversifying sourcing of products globally, there is an increased demand for the sharing of information and resources across the whole value chain. This, along with increased disruptions and geopolitical risks, have put the pressure on organizations to build more resilient and robust supply chains,” said Duncan Angove, CEO, Blue Yonder. “Combined with One Network’s capabilities, Blue Yonder will establish itself as a leading supply chain solutions company that can offer a unified, end-to-end supply chain ecosystem that is resilient enough to withstand today’s challenges, and synthesized with innovative, future-focused technologies.”
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- Source: https://www.supplychainbrain.com/articles/39392-blue-yonder-announces-buys-one-network-enterprises-for-839m
