Australia’s WiseTech Global (ASX: WTC) just made its boldest play yet, and it is not holding back. The logistics tech giant is dropping a whopping $2.1 billion to acquire U.S.-based cloud supply chain firm E2open (NASDAQ: ETWO) in a move that instantly supercharges its global software game.
This is WiseTech’s biggest deal ever, and it is a full-on power play.
WiseTech is offering $3.30 per E2open share, representing a 24.5% premium on E2open’s last closing price. The deal will be entirely funded via a $3 billion debt facility underwritten by financial powerhouses including Deutsche Bank and HSBC.
That’s confidence with a capital C.
And investors are loving it. WiseTech shares jumped 5.2% after the announcement, signaling strong market support for the company’s expansion ambitions.
WiseTech’s flagship product, CargoWise, already powers much of the freight forwarding and logistics infrastructure around the world. But with E2open in the mix, WiseTech is now stepping into end-to-end global trade orchestration.
This includes supply chain planning, procurement, trade compliance, and channel management.
E2open fills critical gaps in WiseTech’s offering, helping the company move from being a logistics backend to a complete digital control tower for global trade.
The timing is a risky bet, but a smart one.
E2open has recently struggled with sluggish growth amid macro uncertainty. But WiseTech is clearly playing the long game, betting that tight integration and product synergies can unlock serious value.
It’s also a statement move for WiseTech as it continues to rebound from recent reputational turbulence. Co-founder Richard White stepped down as CEO in October 2024 following media scrutiny. This acquisition shows the company is back in growth mode and thinking bigger than ever.
WiseTech has been on an acquisition spree before snapping up Blume Global for $414 million in 2023, but this deal changes the game.
It catapults WiseTech into a top-tier position in the enterprise logistics software arena, directly challenging legacy players like Oracle, SAP, and Manhattan Associates.
