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Synopsis
Blue Yonder, an American software and consultancy company, completed the acquisition of Optoro, a company that offers warehousing and fulfillment, inspection and testing, research and marketing, product disposal, and asset maximization services. Financial terms were not disclosed. “We are excited to acquire Optoro to enrich the capabilities available to our customers, allowing them to enhance their ability to manage returns with increased efficiency and effectiveness to meet the needs of consumers. This strategic acquisition affirms Blue Yonder’s commitment to leading the industry, providing customers with unparalleled opportunities to refine their operations and driving transformative business success through a comprehensive returns solution,” Tim Robinson, Blue Yonder Corporate Vice President.
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