Australia's WiseTech Agrees to Buy E2open For $2.1b

SaaSSupply Chain
Written By Rick Watson

WiseTech Global is a leading provider of logistics software solutions, particularly known for its CargoWise One platform.

E2open is a cloud-native supply chain software platform that helps companies manage their entire supply chain, from planning to execution.

Australian software company WiseTech Global will acquire cloud supply chain software platform E2open for $2.1 billion, fully funded by debt. The deal offers E2open shareholders $3.30 per share and expands WiseTech's capabilities in supply chain planning, procurement, trade compliance, and channel management.

Reuters: Australia's WiseTech agrees to buy E2open for $2.1 billion

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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