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JDA Software Buys Blue Yonder
Scottsdale, Arizona-based supply chain software developer
JDA Software
announced this morning that it has acquired
Blue Yonder
, a German developer of supply chain software. Financial details of the buy were not announced. Blue Yonder was founded in 2008, and is backed by Otto Group and Warburg Pincus. Blue Yonder's software uses artificial intelligence and machine learning to provide automation and supply chain forecasts to the retail merchandising market. The companies said that Blue Yonder's customers include UK supermarket chain WM Morrisons and e-commerce company OTTO.
posted on Monday, July 2, 2018
Related companies:
JDA
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