JDA Completes Acquisition of i2
JDA Software Group Inc. announces that it has completed the acquisition of i2 Technologies Inc. in a transaction valued at approximately $604 million, or $19.79 per common share. Together, the combined company's customer base comprises more than 6,000 companies worldwide in the discrete and process manufacturing, wholesale distribution, transportation, retail and services industries.
As part of the acquisition, former i2 executives Aditya Srivastava and Kelly Thomas will join JDA's executive and senior management team. Srivastava is the combined company's senior vice president and chief technology officer and Thomas is senior vice president, Manufacturing. JDA also promoted Namita Dhallan to chief product officer and Salil Joshi to regional vice president of JDA's Center of Excellence in India.
As part of the acquisition, former i2 executives Aditya Srivastava and Kelly Thomas will join JDA's executive and senior management team. Srivastava is the combined company's senior vice president and chief technology officer and Thomas is senior vice president, Manufacturing. JDA also promoted Namita Dhallan to chief product officer and Salil Joshi to regional vice president of JDA's Center of Excellence in India.
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