Australia's WiseTech agrees to buy E2open for $2.1 billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 26 2025
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Should l Buy ?
Source: Reuters
WiseTech Global's Major Acquisition: Australian software company WiseTech Global has announced its largest acquisition to date, purchasing U.S. cloud firm E2open for $2.1 billion, funded through a new $3 billion debt facility, aiming to enhance its product offerings and global presence.
Market Impact and Leadership Changes: The acquisition comes at a crucial time for WiseTech, following the resignation of co-founder Richard White as CEO amid reputational issues, while the deal is expected to significantly improve WiseTech’s software capabilities in logistics and supply chain management.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
