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Article: JDA Software Group to Acquire i2 Technologies.
- Article from:
- Mergers & Acquisitions Week
- Article date:
- November 18, 2009
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JDA[R] Software Group, Inc. (NASDAQ: JDAS) and i2 Technologies, Inc. (NASDAQ: ITWO) announced the signing of a definitive merger agreement for JDA Software to acquire i2 Technologies, Inc., a leading global provider of supply chain solutions, for an enterprise value of approximately $396 million. The combination of the two companies creates a global leader in the market for supply chain planning and optimization. On a pro-forma trailing 12-month basis, the combined company has annual revenues of approximately $617 million, including over $275 million of annual maintenance and recurring subscription fees.
According to JDA Chief Executive Officer Hamish Brewer, the ...