E2open’s organic and acquisition-driven growth has it eyeing opportunities to expand revenue opportunities from existing customers, but its share price has been dragged down by public market unease.
E2open has made its fifth acquisition since 2018 with the addition of parcel fulfillment provider Logistyx as it seeks to ride e-commerce and small shipment growth for its customers.
Redwood Logistics’ focus on system integration has extended to partnerships with international and domestic freight management systems providers E2open and Freightos.
E2open’s acquisition of BluJay Solutions is its first since going public in February and gives it more TMS firepower, broader sales reach in Asia, and bolsters its ability to upsell to global forwarders.
E2open returned to the public markets Friday after a six-year absence, a move that will allow the supply chain software provider to continue to grow organically and through acquisitions.
Austin-based software provider E2open, which caters to large global shippers and their logistics providers, is set to be pulled into a special purpose acquisition company, a new financial vehicle to expedite the process of taking companies public.
Maersk’s recent entry into the TMS space highlights the range of players targeting different segments of a fragmented shipper market that’s gravitating toward web-based tools.
E-commerce giant Amazon has purchased Los Angeles-based startup INLT, cloud-based software-as-a-service (SaaS) global trade management (GTM) provider for US importers.
E2open has barged into the global logistics community’s consciousness on the back of acquisitions of some of the industry’s stalwart software providers, and now plans to sell shippers on the value of connectivity and harmonized upgrades.
One of the most prominent global trade management software providers sold for $425 million Monday, a culmination of a series of deals for GTM makers and also the coup de grace in a trio of deals for buyer E2open.
Consolidation in the GTM software space and Maersk's purchase of customs broker Vandergrift are signs shippers want to more closely link logistics and compliance activities.