WiseTech Global is making a major push into the U.S. market with a $3.25 billion deal to acquire Texas-based logistics software company e2open. The all-cash acquisition will bring on more than 5,600 customers, connect 500,000 businesses, and strengthen WiseTech’s reach in global supply chains.
WiseTech will pay $3.30 per share, and the deal already has support from a majority of e2open’s shareholders. Pending regulatory approval, it’s expected to close in the first half of 2026.
“This is a strategically significant step in achieving our expanded vision to be the operating system for global trade and logistics,” said Richard White, WiseTech’s Founder and Executive Chair. “E2open brings to WiseTech several well-established, complementary products. This will enable WiseTech to create a multi-sided marketplace that connects all trade and logistics stakeholders to efficiently offer and acquire services, removing complex disconnected processes and driving visibility, predictability and cost savings through the value chain.”
E2open, founded in 2000 and based in Texas, has 4,000 employees and more than 5,600 customers, including over 250 major companies. In FY25, it generated $942 million in revenue and posted $334 million in adjusted earnings.
“E2open and WiseTech have complementary products across transport, logistics, supply and demand ecosystems, and both organisations are committed to improving the efficiency, productivity and security of global supply chains through better use of technology, data, automation and artificial intelligence,” added Andrew Appel, CEO of e2open.
“This strategic combination empowers our people, and our customers who make, move, and sell goods and services to unlock new levels of efficiency and sustainability,” Appel added. “As the connected supply chain platform, we are excited to join forces with WiseTech to create a truly global, intelligent logistics ecosystem as we jointly lead the digital transformation of our industry.”
WiseTech says the deal will add hundreds of thousands of new business connections and expects it to grow earnings from day one, even before cost savings kick in. The company plans to cut at least $50 million in annual costs by the end of year two.