Australia's WiseTech agrees to buy E2open for $2.1 billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 26 2025
0mins
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.
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.
