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>The move provides the Japanese firm with billions of cash to support new strategic initiatives, such as the $7.1 billion purchase of Blue Yonder

...what the hell is Blue Yonder, and why would Panasonic want it?

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They are primarily in supply chain management. Given the current issues worldwide with supply chain disruption, this seems like a prescient acquisition.

According to wikipedia: Blue Yonder (formerly JDA Software Group) is an American software and consultancy company (owned by New Mountain Capital, The Blackstone Group and Panasonic), providing supply chain management, manufacturing planning, retail planning, store operations and category management offerings[1] headquartered in Scottsdale, Arizona.

Sure, but why Panasonic, and why now?

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