About: http://data.cimple.eu/news-article/762ecb4696171529001d1cc524df6c1b09b5e977681433f1e5bfc449

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About: http://data.cimple.eu/news-article/762ecb4696171529001d1cc524df6c1b09b5e977681433f1e5bfc449 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Panasonic will buy American AI supply chain software firm Blue Yonder for $7.1 billion, the Japanese company said Friday. The deal will make Blue Yonder a wholly owned subsidiary of the Japanese electronics giant, which has held 20 percent of the US firm's shares since July last year. Following regulatory approval, the deal will be one of the biggest acquisitions in Panasonic's history. Blue Yonder has more than 3,000 clients worldwide, including multinationals Walmart and Coca Cola as well as airlines and couriers such as FedEx. "The need for more intelligent, autonomous and edge-aware supply chains has been dramatically heightened by the Covid-19 pandemic," Panasonic said in a statement, citing "drastic shifts in supply demand" due to virus lockdowns. The firm said the merger would allow it to gain expertise in "state-of-the-art" artificial intelligence technology, and would work to reduce waste in supply chains. It also praised the "flexible, agile corporate culture" of Arizona-headquartered Blue Yonder, which was established in 2005. kaf/oho
schema:headline	Panasonic to buy AI logistics firm Blue Yonder for $7.1 bn
schema:mentions	Panasonic Supply chain Logistics FedEx Japanese language Coca-Cola Artificial intelligence Walmart Pandemic Virus Coronavirus disease 2019 Mark Roebuck
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-23 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	76 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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