JDA & i2: Supply Chain Consolidation Continues (JDAS, ITWO)

Apps & Software

Published: August 11, 2008 7:08 am

Last Updated: April 28, 2020 12:13 am

Jda_software_logo An announcement came early this morning that JDA Software Group Inc. (NASDAQ: JDAS) was acquiring i2 Technologies Inc. (NASDAQ: ITWO). The companies have signed a definitive merger pact for approximately $346 million in cash. For the common stock, this translates to $14.86 per share in cash.

The two companies combined should have roughly $635 million in trailing12-month revenues, with about $300 million in recurring maintenance andsubscription service revenues. The companies believe they will save$20 million in annualized costs.

This merger is subject to i2 shareholder approval. Some holders willagree to this, but with a $10.01 to $18.80 trading range over the last52-weeks, there could be some holders who argue this undervalues thecompany. Either way, the consolidation among supply chain software andlogistics providers continues to occur.

Jon C. Ogg
August 11, 2008

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