Loading ...JDA acquires i2: Creation of a global leader in supply chain planning and optimization market:
JDA Software Group Inc. a leading provider of supply chain planning and execution optimization solution and i2 Technologies, Inc. the supply chain results company, yesterday 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 $346 million in cash. The acquisition of i2 by JDA has created a global leader in the supply chain planning and optimization market.
By combining JDA and i2, the resulting company will have significantly improved operating leverage and a strong financial position. The near-term cost synergies identified in operations, general, administrative and infrastructure resulting from this combination are expected to produce annual cost savings of approximately $20 million. As a result of the pending Merger, i2 is withdrawing its previously provided outlook for third quarter 2008.
This acquisition will strengthened JDA’s Market Position in Retail Software Solution Space.
| AN OVERVIEW OF THE COMPANIES | ||
| Parameter | JDA | i2 |
| Focus | Retail/CPG Vertical | Discrete Manufacturing |
| Supply & Demand Optimization | Consulting Services | |
| Headquarters | Scottsdale, AZ | Dallas, TX |
| Employees | ~1,700 | ~1,300 |
| LTM Revenue(1) | $378 million | $257 million |
| Market Capitalization | $554 million | $343 million(2) |
- Rajeev Damani
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