MARKET MOVEMENT
Panasonic completes merger with Blue Yonder
Panasonic Corporation recently announced that it has completed the acquisition of Blue Yonder , an end-to-end digital fulfilment platform provider .
Panasonic has now purchased the remaining 80 % of shares of Blue Yonder , adding to the 20 % which Panasonic acquired in July 2020 . The investment values Blue Yonder at US $ 8.5 billion .
Following the deal , the Panasonic Group will shift to a holding company system on April 1 , 2022 , focusing on strategic businesses in key areas such as providing supply chain innovation and automation .
According to Panasonic , the acquisition accelerates its and Blue Yonder ’ s shared vision for an autonomous supply chain . By unifying Panasonic ’ s sensing technologies and edge devices with Blue Yonder ’ s AI / ML-powered planning , execution and commerce solutions , companies can create smarter and more connected e-commerce strategies , retail stores , warehouses , transportation and workplaces .
“ With the increasing frequency and impact of supply chain disruptions , companies need data and visibility to make real-time operations decisions . Panasonic ’ s Edge technology with Blue Yonder ’ s AI / ML capabilities combines IoT devices and an AI-powered platform to gather and analyse data more quickly and with greater insight ,” explained industry analyst Simon Ellis , Programme Vice President , IDC . “ Panasonic ’ s resources and Blue Yonder ’ s innovation will accelerate the development of the tools customers need to anticipate and prevent disruptions and breathe autonomy into their supply chains .”
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Extreme Networks finalises purchase of Infovista ’ s Ipanema SD-WAN business
Extreme Networks , a cloud-driven networking company , has revealed it has completed the acquisition of Ipanema , a cloudnative , enterprise SD-WAN division of Infovista . The acquisition expands Extreme ’ s ExtremeCloudä portfolio , offering new cloudmanaged SD-WAN and security software solutions required to power the Infinite Enterprise .
According to Extreme , it will augment its ExtremeCloud portfolio with Ipanema ’ s SD-WAN capabilities , adding more flexibility , capability and security when connecting locations , applications and devices . In addition , the company stated that the deal extends its leadership position in cloud and accelerates the company ’ s goal of bringing distributed connectivity , security and cloud capabilities to customers .
“ The close of the Ipanema acquisition accelerates our leadership position and growth opportunities in cloud networking by opening the door to new software subscription services within our ExtremeCloud portfolio . Our customers and partners have expressed great excitement about our vision and how this deal will continue to provide a competitive advantage and clear market differentiation ,” said Ed Meyercord , President and CEO , Extreme Networks .
“ The market response to this acquisition has been overwhelmingly positive across EMEA . Together , we ’ ll work to further cement Extreme ’ s leadership position by extending the company ’ s addressable market and scaling global innovation – helping customers reduce the complexity and costs of managing increasingly distributed networks ,” said Kristian Thyregod , Senior Vice President , Strategy and Market Development , Extreme Networks . •
INTELLIGENT TECH CHANNELS Issue 45 59