[November 05, 2009] JDA Software to Acquire i2 Technologies for $396 Million (JDAS,ITWO) Tweet Nov 05, 2009 (SmarTrend(R) News Watch via COMTEX) -- 11/5/2009 - JDA Software Group (NASDAQ:JDAS) said Wednesday that it will acquire i2 Technologies (NASDAQ:ITWO) for an enterprise value of about $396 million. CEO Hamish Brewer said, "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." The combined company before synergies would have revenues of $617.7 million 2,970 employees and 6,000+ customers. Shares of i2 are up 4.2% in early Thursday trading. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com. Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html [ Back To TMCnet.com's Homepage ]