Announced

WiseTech Global to acquire E2open for $2.1bn.

Synopsis

WiseTech Global, a provider of logistics execution software solutions, agreed to acquire E2open, a connected supply chain SaaS platform, for $2.1bn. "As we undertook a comprehensive review of strategic alternatives, we remained firmly focused on our core business fundamentals. We are confident that this process has resulted in an outcome which delivers significant value for our shareholders and underscores the strength of e2open’s solution portfolio and client base," Chinh E. Chu, e2open Chairman of the Board of Directors.

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