{"id":234593,"date":"2021-04-23T17:17:38","date_gmt":"2021-04-23T14:17:38","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/panasonic-to-buy-ai-logistics-firm-blue-yonder-for-7-1-bn\/"},"modified":"2021-04-23T17:17:38","modified_gmt":"2021-04-23T14:17:38","slug":"panasonic-to-buy-ai-logistics-firm-blue-yonder-for-7-1-bn","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/panasonic-to-buy-ai-logistics-firm-blue-yonder-for-7-1-bn\/","title":{"rendered":"#Panasonic to buy AI logistics firm Blue Yonder for $7.1 bn"},"content":{"rendered":"

“#Panasonic to buy AI logistics firm Blue Yonder for $7.1 bn<\/strong>”<\/p>\n

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\n Following regulatory app<\/a>roval, the Blue Yonder deal will be one of the biggest acquisitions in Panasonic’s history
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Panasonic will buy American AI supply chain software firm Blue Yonder for $7.1 billion, the Japanese company said Friday.<\/p>\n

The deal will make Blue Yonder a wholly owned subsidiary of the Japanese electronics giant, which has held 20 percent of the US firm’s shares since July last year.<\/p>\n

Following regulatory approval, the deal will be one of the biggest acquisitions in Panasonic’s history.<\/p>\n

Blue Yonder has more than 3,000 clients worldwide, including multinationals Walmart and Coca Cola as well as airlines and couriers such as FedEx.<\/p>\n

“The need for more intelligent, autonomous and edge-aware supply chains has been dramatically heightened by the Covid-19 pandemic,” Panasonic said in a statement, citing “drastic shifts in supply demand” due to virus lockdowns.<\/p>\n

The firm said the merger would allow it to gain expertise in “state-of-the-art” artificial intelligence technology<\/a>, and would work to reduce waste in supply chains.<\/p>\n

It also praised the “flexible, agile corporate culture” of Arizona-headquartered Blue Yonder, which was established in 2005.\n <\/p>\n\n

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Digital supply chain visibility needed to rebuild after COVID-19<\/a>\n <\/div>\n

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\n \u00a9 2021 AFP<\/p>\n

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Citation<\/strong>:
\n Panasonic to buy AI logistics firm Blue Yonder for $7.1 bn (2021, April 23)
\n retrieved 24 April 2021
\n from https:\/\/techxplore.com\/news<\/a>\/2021-04-panasonic-ai-logistics-firm-blue.html<\/p>\n

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