RedPrairie to Buy JDA for $1.9 Billion
November 6, 2012 Alex Woodie
JDA Software, a publicly held developer of retail management and supply chain planning software, has agreed to be bought by RedPrairie, a privately held developer of supply chain execution and warehouse management software, for $1.9 billion. When fully merged, the new RedPrairie will have about $1 billion in annual revenue, and compete globally with Oracle and SAP. However, a wide mix of platforms used by both companies raises new questions on the long-term plan for JDA’s loyal IBM i customer base. Rumors started swirling a week ago that JDA Software had hired JPMorgan Chase to handle JDA’s |