Panasonic buys US software firm Blue Yonder for $6.5 billion

Japanese electronics firm Panasonic, about to make its largest acquisition since 2011.

In line with the information on Nikkei Panasonic, the US software firm Blue Yonder to amass 6.45 billion {dollars} in sacrifice. The Japanese firm purchased 20 p.c of the corporate final yr.

Within the information that Nikkei cite, citing unnamed sources, it was said that with this acquisition, which is presently within the last stage, shares belonging to different traders, together with Blackstone Group, can be transferred to Panasonic.


Because of this acquisition, Panasonic It is going to additional develop the community of {hardware} that mixes software, sensors and different units to assist firms enhance their operational effectivity.

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