JDA to acquire i2 Technologies

A year on from JDA's last, aborted attempt to acquire supply chain software vendor i2 Technologies, the two firms have announced plans to merge.

According to JDA CEO, Hamish Brewer, the deal will firmly establish JDA as a leading enterprise software company with a deep focus on supply chain management and a full complement of managed and hosted services offerings. "Our strategic rationale for acquiring i2 is even more compelling today than it was a year ago. The challenges of the economic crisis have focused the market's attention on the disciplines of supply chain planning and JDA has established a leading role in this active market. Integrating i2's solutions and expertise will only expand our opportunity to build substantial new shareholder value over the coming years."

"Over time we have come to know the i2 business very well and based on our detailed diligence and proven track record for delivering value, I am confident that we can reliably unlock the sizable potential that exists within this company," he adds.

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