Software Providers RedPrairie, JDA to Merge
ATLANTA — RedPrairie here and JDA Software, Scottsdale, Ariz., both suppliers of enterprise software and services to retailers and manufacturers, announced today that JDA and affiliates of RedPrairie have entered into a definitive merger agreement.
November 1, 2012
ATLANTA — RedPrairie here and JDA Software, Scottsdale, Ariz., both suppliers of enterprise software and services to retailers and manufacturers, announced today that JDA and affiliates of RedPrairie have entered into a definitive merger agreement.
RedPrairie is paying $1.9 billion for JDA, acquiring all outstanding shares of JDA common stock for $45 per share. The new company will have revenues of over $1 billion. The transaction is expected to close by the end of 2012.
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JDA’s applications focus on supply chain planning, merchandising and pricing while with RedPrairie’s deal with warehousing, workforce management, store operations and e-commerce. JDA’s food retail clients include Meijer, Food Lion, Save Mart and BJ’s Wholesale Club while RedPrairie’s include Giant Eagle, Publix, Supervalu and Hy-Vee.
Following completion of the transaction, Hamish Brewer, president and chief executive officer of JDA, is expected to lead the combined company as its CEO. “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,” said Brewer, in a statement.