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Electronics

Panasonic set to buy US supply chain software company for $6.5bn

Japanese maker aims to combine Blue Yonder's AI tech with its own hardware

Blue Yonder is a major U.S. supply-chain management provider with 3,300 clients worldwide, including Wal-Mart. (Source photos by Reuters and screenshot from Blue Yonder's website)

OSAKA -- Panasonic is set to acquire U.S. software company Blue Yonder, which mainly focuses on supply chain management, Nikkei has learned. The deal is expected to cost about 700 billion yen ($6.5 billion).

The Japanese company wants to expand hardware that combines software, sensors and other devices to help companies improve operational efficiencies.

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