Earlier today, Scottsdale, Ariz.-based Blue Yonder, a provider of AI-driven and end-to-end supply chain management services, announced it has acquired Dallas-based One Network Enterprises (One Network), a global provider of intelligent control towers and its Digital Supply Chain Network platform, which focuses on driving demand, supply, and logistics management effectiveness and efficiency.
Blue Yonder officials said the purchase is around $839 million, which is subject to adjustments, with the deal expected to close in the second or third quarter. What’s more, the company said this represents Blue Yonder’s third acquisition going back to the fourth quarter 2023, including: flexisAG, a software technology services provider, with a focus on production optimization and transportation planning and execution, in February, and Doddle, a provider of returns management and reverse logistics services, in November 2023. These three deals account for roughly $1 billion in M&A activity for Blue Yonder, the company noted.
Blue Yonder officials said that upon completion of this deal, the company will be able to provide its customers with what it called a unified, end-to-end supply chains ecosystem and be well positioned to serve its customers’ needs across planning execution, commerce, and networks.
“Supply chains have become more complex, and as more and more companies reduce risk by diversifying sourcing of products globally, there is an increased demand for the sharing of information and resources across the whole value chain. This, along with increased disruptions and geopolitical risks, have put the pressure on organizations to build more resilient and robust supply chains,” said Duncan Angove, CEO, Blue Yonder, in a statement. “Combined with One Network’s capabilities, Blue Yonder will establish itself as a leading supply chain solutions company that can offer a unified, end-to-end supply chain ecosystem that is resilient enough to withstand today’s challenges, and synthesized with innovative, future-focused technologies.”