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Kinaxis and Blue Yonder Settle Litigation, Strengthening Industry Position

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Kinaxis and Blue Yonder Settle Litigation, Strengthening Industry Position

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Kinaxis Inc ( (TSE:KXS) ) has provided an announcement.

Kinaxis has reached a settlement agreement with Blue Yonder Group to resolve ongoing litigation, which included patent and trade secret disputes. The confidential resolution helps Kinaxis maintain its focus on supply chain innovation without the distraction of legal conflicts, potentially strengthening its industry position and stakeholder confidence.

More about Kinaxis Inc

Kinaxis is a global leader in supply chain orchestration, offering an AI-powered platform called Maestro™. The platform provides transparency and agility for complex supply chains, enabling strategic planning and delivery for renowned global brands.

YTD Price Performance: -3.33%

Average Trading Volume: 59,666

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$4.7B

See more insights into KXS stock on TipRanks’ Stock Analysis page.

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