In the first nine months of 2025, the Smart Logistics sector witnessed one megadeal as US-based AI-driven supply chain software specialist e2open was purchased for $2.1B in May by Australian logistics behemoth WiseTech Global, boosting its product suite and addressable market.

US-based drone fleet and airspace management software company Aloft was bought for $7.7M at 3.5 times revenue by Japanese drone systems manufacturer Terra Drone, strengthening its customer base in the US and accelerating global expansion of its Urban Air Mobility business.

In Brazil, AI-driven logistics management solutions provider Lincros was purchased by enterprise management software specialist Sankhya to optimize the entire transportation operations chain, from contracting to real-time monitoring.

Cloud-based inventory management solutions firm Finale Inventory out of the US was wrapped up for $40M by Canadian supply chain tech giant Descartes, adding to its suite of tools that manage shipping, warehousing, and order fulfillment.

Norwegian voyage management software specialist Dataloy was acquired by Sedna, a UK-based intelligent communication platform provider for global trade and logistics, in a move to unify communication, execution, and intelligence across the maritime ecosystem.

Freight forwarding company Flexport sold its digital freight matching and transportation management platform Convoy for $250M to truckload freight marketplace and analytics software specialist DAT to boost automation, fraud protection, and load-matching.