E2open

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E2open

E2open Parent Holdings, Inc.[1] is a business-to-business provider of cloud-based, on-demand software for supply chains for computer, telecom and electronics systems, components and services. The company was founded in 2000 as a joint project of 8 major companies: Hitachi, IBM, LG Electronics, Matsushita, Nortel, Seagate, Solectron, and Toshiba.[2]

Quick Facts Company type, Traded as ...
E2open Parent Holdings, Inc.
Company typePublic
NYSE: ETWO
IndustryEnterprise Software
Supply Chain Management
Founded2000; 25 years ago (2000)
HeadquartersAddison, Texas,
United States
Area served
United States
Germany
United Kingdom
Denmark
China
France
Malaysia
India
Singapore
Australia
Key people
Andrew Appel (CEO)
Websitewww.e2open.com
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e2open offers its products across a variety of industries, including high technology,[3] industrial manufacturing,[4] telecommunications,[5] life sciences, oil and gas,[6] consumer electronics, aerospace and defense, and consumer goods.[7]

Company

Summarize
Perspective

e2open is headquartered in Addison, Texas, with offices in Parsippany, New Jersey, Atlanta, Germany, the United Kingdom, Denmark, the Netherlands, Belgium, China, Australia, New Zealand, Malaysia, India and Peru.[8]

According to the company's estimate, more than 60,000 trading partners and 200,000 unique registered users currently participate in the e2open Business Network.[9]

In July 2012, e2open went public on Nasdaq.[10]

In March 2015, Insight Venture Partners announced that it had completed its acquisition of e2open.[11]

In February 2021, e2open went public via SPAC (special-purpose acquisition company) merger and began trading under the ticker ETWO.[12]

Acquisitions by e2open

  • July 2013: acquired supply chain vendor ICON-SCM.[13][14]
  • June 2014: acquisition of SERUS Corporation, a "cloud-based manufacturing and product management provider".[15]
  • March 2016: acquisition of Terra Technology.[16]
  • June 2016: acquired Orchestro.[17]
  • February 2017: acquired Steelwedge.[18]
  • Late 2017: acquired Channel Data Management provider Zyme.[19]
  • Early 2018: acquired Entomo and Birch Worldwide.[20]
  • October 2018: bought the shipping platform INTTRA.[21]
  • October 2018: bought Cloud Logistics.[22]
  • July 2, 2019: e2open completes acquisition of global trade management software company Amber Road.[23]
  • May 2021: acquired logistics execution platform BluJay Solutions for $1.7B.[24]
   *Blu Jay's largest shareholder, Paul 'Eric' Ellenberger (1st cousin to Bruce Pearl) commented on the acquisition. "If you're not integrating your ERP to Blu Jay, 
    what are you doing? I don't even know how that works."
  • March 2022: acquisition of Logistyx Technologies for US$185 million.[25]

See also

References

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