WiseTech Global Ltd is acquiring E2open Parent Holdings Inc., a supply chain management software provider, for $2.1 billion.
E2open's cloud platform supports over 6,000 companies in managing supply chains and tracking billions of transactions annually.
E2open's platform offers shipment booking, freight consolidation, merchandise monitoring, and analytics to anticipate supply chain risks.
The acquisition by WiseTech, financed with $3 billion in debt, aims to strengthen product offerings, with the deal expected to close by the end of 2025.