WiseTech Global has acquired US-based e2open for $2.1 billion in cash, fully funded by debt, with the deal signed on May 26, 2025. The acquisition aims to enhance WiseTech’s customer base, global reach, and product capabilities, and is expected to complete by mid-2026, pending regulatory approval. e2open, founded in 2000, operates in over 20 countries, tracking 18 billion transactions annually. This strategic move aligns with WiseTech’s goal to develop a comprehensive marketplace for global trade, while ensuring minimal overlap between their customer bases.
Source: https://www.stattimes.com/technology/wisetech-global-to-acquire-e2open-in-21-billion-deal-1355390