JDA muscles forward with i2 acquisition

Global - JDA has announced its intent to acquire supply chain solutions company i2, in a move analysts believe will shake up the supply chain management industry.

In a joint release, the companies said the takeover is valued at approximately US$346 in cash and will create a global leader in the supply chain planning and optimisation market.

On a pro-forma trailing 12-month basis, the combined company has annual revenues of US$635 million, including nearly US$300 million of annual maintenance and recurring subscription fees.

The i2 acquisition is JDA's 11^th such purchase, and will firmly cement its position as one of the top supply chain management solutions providers in the market.

"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," said JDA CEO Hamish Brewer.