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WiseTech Global Acquires FRDM.ai to Accelerate AI-Powered Supply Chain Verification
8:48am on Wednesday 22nd of July, 2026 AEST
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Technology
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WiseTech Global Acquires FRDM.ai to Accelerate AI-Powered Supply Chain Verification
8:48am on Wednesday 22nd of July, 2026 AEST
Key Points
Acquisition valued at $10 million upfront plus up to $14.31 million earn-outs
FRDM.ai’s AI technology maps multi-tier supplier networks and real-time risk scoring
VerifyWise platform to offer comprehensive supply chain compliance verification
Transaction expected to close by 3 August 2026
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