Big things are happening in the world of supply chain tech!
On May 25, E2open Parent Holdings, Inc. (NYSE: ETWO), a major player in cloud-based logistics software, announced it’s being bought by Australia’s WiseTech Global (ASX: WTC). The deal is worth a whopping $2.1 billion — all cash.
So, what does that mean for ETWO shareholders? They’ll receive $3.30 per share, which is a sweet 68% more than the stock’s price before the buyout rumors began circulating on April 30. Just a few days before the news, Morgan Stanley gave ETWO a cautious rating with a price target of $2.10, showing the market was unsure of the company’s next big move.
WiseTech, the name behind CargoWise platform, is making a major move with this acquisition.. They’re taking out a new $3 billion debt facility (with the help of nine big banks) to finance the deal. But they’re not just buying software — they’re buying a huge network too. Their platform supports a global web of 500,000+ partners, handling 18 billion supply chain events annually. That’s massive.
This move helps WiseTech become a true one-stop-shop for logistics — covering everything from trade compliance to procurement and channel management. It’s their biggest acquisition ever.
Of course, both companies have had their fair share of challenges. WiseTech’s founder recently moved into an executive chairman role after some internal governance issues, and ETWO has been dealing with economic uncertainties. Still, the deal is expected to be finalized in the second half of 2025, and once that happens, ETWO will no longer be listed on the NYSE.
While ETWO may look like an interesting buy right now, some experts believe that certain AI stocks might have even more upside potential. Looking for a smarter investment? There’s a report out there on a little-known AI stock with the potential to grow 100x.
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Disclaimer: This article is based on publicly available information and sources cited below.
Sources: Yahoo Finance, LinkedIn, Trucking Dive
