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JDA to Buy Rival i2 for $346 Million

Posted on Monday, August 11, 2008 3:56:24 PM       Sign Up to receive Daily News Alerts in your E-mail Inbox                            Digg This Article   Add to Delicious

Abstract:After nearly a year of looking for a buyer, supply chain management pioneer i2 falls into the arms of JDA Software, leaving some to wonder how the pair will intertwine.
Keywords:JDA acquires i2, i2 acquired, i2 acquisition
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i2 Technologies’ long search for a buyer ended today with competitor JDA Software’s $346 million offer to purchase the beleaguered supply chain software supplier.

The deal ends an extended period of uncertainty for i2, a once high-flying supply chain specialist whose sales have been on a steady decline since the turn of the century.

In a statement, JDA CEO Hamish Brewer said, "By acquiring i2, we double our addressable market in manufacturing to include discrete manufacturing, complementing our current market leadership in process manufacturing and strengthening our retail and transportation management presence.”

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