Blue Yonder Announces Binding Agreement To Acquire One Network Enterprises for Approximately $839 Million To ...
Blue Yonder has signed an agreement to acquire One Network Enterprises for about $839 million, aiming to revolutionize the supply chain. The acquisition will enhance Blue Yonder's capabilities in planning, execution, commerce, and networks. The deal is expected to close in Q2 or Q3 2024. This marks Blue Yonder's continued momentum in supply chain management, with approximately $1 billion in M&A investments since Q4 2023.
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FAQ - Blue Yonder Acquisition of One Network Enterprises
Frequently Asked Questions
Blue Yonder's Acquisition of One Network Enterprises
Q: What is Blue Yonder acquiring?
A: Blue Yonder has announced a binding agreement to acquire One Network Enterprises.
Q: How much is Blue Yonder paying for One Network Enterprises?
A: The acquisition deal is for approximately $839 million.
Q: What is the significance of the acquisition for Blue Yonder?
A: The acquisition is considered a significant move that shakes up the supply chain software market and represents Blue Yonder's continued investments in acquisitions to create a more unified supply chain platform.
Q: What is expected to be created as a result of the acquisition?
A: A multi-enterprise supply chain ecosystem is expected to be created from this acquisition.
Q: Where is One Network Enterprises based?
A: One Network Enterprises is based in Dallas, Texas.
Q: What does the acquisition mean for the future of supply chains according to One Network Enterprises' founder?
A: Greg Brady, the founder and chairman of One Network Enterprises, has stated that the acquisition will form "a backbone" for the "new supply chain of the future."
Q: When did Blue Yonder announce the agreement to acquire One Network Enterprises?
A: The announcement came about 2 days ago from the date of the source.
Q: Has Blue Yonder made other significant investments in acquisitions recently?
A: Yes, this deal marks around $1 billion of investments by Blue Yonder in acquisitions since the fourth quarter of 2023.
Q: What are the intentions of Blue Yonder with this acquisition?
A: Blue Yonder intends for One Network to become a value chain collaboration hub where enterprises can share information and resources across the whole value chain.
Q: Who reported on the acquisition of One Network Enterprises by Blue Yonder?
A: Multiple sources, including Forbes, Supply Chain Brain, Dallas Business News, and others, have reported on the deal.
For specific information and resources on the deal, please refer to the sources provided in the links.