JDA Software Group to Acquire i2 Technologies

by CXOtoday Staff    Nov 11, 2009

JDA Software Group is set to acquire i2 Technologies, a provider of supply chain solutions, for approximately $396 million.

According to JDA CEO Hamish Brewer, the i2 acquisition 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," he said.