Reported 2 days ago
Australian software firm WiseTech Global has announced it will acquire U.S. cloud computing company E2open for $2.1 billion, marking its largest deal to date. The acquisition aims to enhance WiseTech's software capabilities amid efforts to expand its global presence. To finance the deal, WiseTech will utilize a new $3 billion debt facility from a group of lenders. This move comes after a tumultuous period for the company, including recent leadership changes.
Source: YAHOO