Scottsdale, Ariz.-based supply chain applications developer JDA Software Group Inc. announced Monday that it has agreed to acquire competitor i2 Technologies Inc. of Dallas for some $346 million in cash. JDA said the merger will result in one of the world's largest publishers of supply chain planning and optimization software. JDA noted that, on a pro-forma trailing 12-month basis, the combined company would have annual revenues of $635 million, including some $300 million in annual maintenance and recurring subscription fees. Both i2 and JDA Software develop products for the enterprise supply chain management software market.
Top NewsMonday, August 11, 2008
JDA Software Buys i2 Technologies For $346M