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WiseTech to buy E2open in $2.1B logistics software acquisition

  • 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.

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