JDA Software to Acquire i2 Technologies

JDA Software Group Inc. plans to acquire i2 Technologies Inc. for $396 million, creating a supply chain management software firm with combined revenues of approximately $617 million.

The acquisition, which is scheduled to close in the first quarter of 2010, allows JDA to address discrete manufacturing and bolster its transportation offerings.

“Our strategic rationale for acquiring i2 is even more compelling today than it was a year ago,” says Hamish Brewer, CEO of JDA. “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.”

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