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Kinaxis Resolves Litigation with Blue Yonder

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Kinaxis Resolves Litigation with Blue Yonder

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

Kinaxis Inc., a leader in supply chain orchestration, has reached a settlement with Blue Yonder Group, Inc. to resolve all pending litigation, including patent infringement claims and trade secret misappropriation counterclaims. The confidential settlement is expected to have implications on Kinaxis’ operations and industry positioning, potentially enhancing their market reputation and stakeholder confidence.

More about Kinaxis Inc

Kinaxis is a global leader in modern supply chain orchestration, offering an AI-infused platform called Maestro™ that provides transparency and agility across the entire supply chain. The company serves renowned global brands, helping them navigate volatility and disruption in the supply chain industry.

YTD Price Performance: -3.33%

Average Trading Volume: 59,666

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$4.7B

For an in-depth examination of KXS stock, go to TipRanks’ Stock Analysis page.

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