JDA Software to acquire i2 Technologies
Supply chain software market consolidates with $346 million deal
By Dave Hannon -- Purchasing, 8/11/2008 7:13:00 AM
In the early days of supply chain software, two of the biggest players to emerge were Manugistics and i2 Technologies. As of this morning, it appears both will be owned by JDA Software.
JDA announced it has signed a deal to acquire Dallas-based i2 Technologies for $346 million in cash. JDA bought Manugistics two years ago, moving it from a retail-focused software provider into the manufacturing sector. In a statement on the i2 acquisition, JDA’s CEO Hamish Brewer said: “By acquiring i2 we double our addressable market in manufacturing to include discrete manufacturing, complementing our current market leadership in process manufacturing and strengthening our retail and transportation management presence. With the experience gained from the successful acquisition of Manugistics in 2006, the addition of i2 is comparatively an incremental and logical step for JDA.”
According to company officials, i2 has more than 400 customers in a variety of manufacturing and service industries. (See i2’s customer page here). i2's solutions focus on seven broad areas: supply management, planning, retail, inventory, manufacturing, logistics and channel management.
The acquisition is expected to close in the fourth quarter.
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