Panasonic to spin out public company centered on Scottsdale’s Blue Yonder
The past year has already been marked by major changes at Scottsdale’s Blue Yonder. Now the company appears headed for the stock market. Blue Yonder, which makes logistics software, was acquired by Osaka, Japan-based Panasonic last year in a blockbuster $7.1 billion purchase, and now Panasonic is looking to spin out Blue Yonder and its other supply chain management businesses into a public company.