JDA Software Group has completed the acquisition of i2 Technologies in a transaction valued at approximately $604 million. JDA says that the deal solidifies its position as one of the world's leading providers of supply chain management and pricing solutions.

"With the close of the acquisition, we've achieved an exciting milestone and an important and consistent next step in our strategy of becoming the foremost end-to-end supply chain solutions provider. Our combined resources, talent and track record create a platform for accelerated innovation, expanded service and support, and improved delivery of the results that matter most to our customers," says JDA CEO, Hamish Brewer. "The addition of i2 doubles JDA's market for advanced planning and optimisation solutions in all targeted manufacturing verticals, enabling us to address the complexities of discrete manufacturing, complement our leadership in process manufacturing, strengthen our presence in transportation and increase traction in Tier 1 and Tier 2 markets. Backed by financial strength, an impressive customer base and our unmatched services and solutions offerings, we believe that the new JDA is the world's most comprehensive supply chain software company."

"With near-term synergies in operations, administrative functions and infrastructure costs expected to produce annual savings of approximately $20 million, we anticipate that the acquisition will significantly improve operational leverage and produce strong financial results going forward," adds Brewer.

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