From Yahoo Finance: 2025-05-27 12:32:00

E2open, a supply chain visibility technology provider, has been acquired by logistics software solutions provider WiseTech Global in a $2.1 billion deal. The acquisition will add about 5,600 customers to WiseTech’s network and give access to over 500,000 partners, tracking more than 18 billion transactions annually.

WiseTech sees an opportunity to capitalize on the growing demand for supply chain and logistics software solutions, with total spend projected to increase from $28 billion in 2024 to $57 billion in 2025. The deal is expected to be accretive to earnings per share in the first year.

The acquisition of E2open by WiseTech is the biggest transaction for WiseTech so far, with E2open stockholders set to receive $3.30 per share in cash. The deal is subject to regulatory approvals and is expected to close in the second half of 2025.

Stord, a fulfillment services and commerce enablement technology company, recently acquired warehouse and inventory management solutions provider Ware2Go from UPS. This acquisition adds 21 new fulfillment centers and expands Stord’s network to over 70 partner warehouses worldwide. Stord aims to empower SMBs to compete with online retail giants through its technologies and warehouses.

Read more: E2Open Taken Private in $2.1B Deal, UPS Sells Ware2Go to Stord