This is a developing story and FreightWaves will continue to update this file.
Artificial intelligence-driven digital fulfillment provider Blue Yonder is expected to be acquired by Panasonic, according to a report by Nikkei Asia. The Japanese manufacturing company is expected to pay $6.5 billion in its biggest acquisition in a decade.
Panasonic acquired a 20% stake in Blue Yonder in 2020 for approximately $790 million. Reuters reports that Panasonic will acquire the rest of the stock from...
https://s29755.pcdn.co/news/report:-panasonic-set-to-acquire-blue-yonder-for-$65b