JDA, RedPrairie announce merger

Nov. 1, 2012

RedPrairie and JDA Software announced today that they have entered into a definitive merger agreement.

According to a press release on the merger, JDA's history of supply chain planning, merchandising and pricing solutions fits in with RedPrairie's heritage in warehousing, workforce management, store operations and e-commerce. The combination will provide retailers and manufacturers with the capabilities to meet the needs of hyper-connected, mobile consumers.

Under the terms of the merger agreement, entities affiliated with RedPrairie will effect a cash tender offer to acquire all outstanding shares of JDA common stock for $45 per share. The offer price also represents a 16 percent premium to JDA's all-time high stock price. The Board of Directors of JDA has approved the transaction, which will create one of the largest global software companies with combined revenues of over $1 billion, the announcement said.

"This transaction generates tremendous value for JDA shareholders, offering them a meaningful premium for their shares," said Hamish Brewer, president and CEO of JDA. "This is a strong combination of two leading companies with highly complementary product suites. It will give businesses the power to better manage global commerce through a new world of capabilities. The combined company will have a unique ability to address our customers' increasingly complex needs with a full spectrum of solutions for planning and execution across the entire value chain."

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Topics: Customer Service , Merchandising , Supply Chain , Technology

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