WiseTech Global Acquires E2open to Boost Logistics Software Offerings

Wisetech Global ( (AU:WTC) ) just unveiled an announcement.

WiseTech Global announced the acquisition of E2open Parent Holdings, Inc., which is expected to enhance its operational capabilities and strengthen its position in the logistics software industry. This strategic move is likely to have significant implications for WiseTech’s market presence and stakeholders, as it aligns with the company’s mission to innovate and improve supply chain operations globally.

The most recent analyst rating on (AU:WTC) stock is a Buy with a A$120.00 price target. To see the full list of analyst forecasts on Wisetech Global stock, see the AU:WTC Stock Forecast page.

More about Wisetech Global

WiseTech Global is a prominent developer and provider of software solutions for the logistics execution industry worldwide. The company serves over 16,500 logistics companies in 195 countries, including major global third-party logistics providers and freight forwarders. WiseTech Global is committed to innovation, having made significant enhancements to its CargoWise application suite to improve global supply chains.

YTD Price Performance: -17.25%

Average Trading Volume: 888,893

Technical Sentiment Signal: Buy

Current Market Cap: A$33.28B

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