Panasonic to buy US software firm Blue Yonder for $7.1b from Blackstone, others

Panasonic to buy US software firm Blue Yonder for $7.1b from Blackstone, others

The company logo of Panasonic Corp is seen at CEATEC (Combined Exhibition of Advanced Technologies) JAPAN 2015 in Makuhari, Japan, October 6, 2015. REUTERS/Yuya Shino - RTS38NE

In its biggest acquisition in a decade, Panasonic Corp on Friday said it will buy US supply-chain software company Blue Yonder in a deal worth $7.1 billion, to tap growing demand from companies as the COVID pandemic tests their resilience to disruption.

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