Panasonic acquires AI software firm ‘Blue Yonder’ for $7.1 Billion
Post the acquisition, Blue Yonder’s valuation touched $8.5 Billion
Last year, Panasonic acquired 20% shares of Blue Yonder
The remaining shares will be bought for $5.6 Billion
Indian origin Girish Rishi is the CEO of Blue Yonder, which is a supply chain industry leader
The startup provides an end-to-end platform for its global retail, manufacturing and logistics customers
