JDA and RedPrairie to operate as JDA Software Group
Dec 26, 2012 (Menafn - TELECOMWORLDWIRE via COMTEX) --RedPrairie and JDA Software Group, Inc. JDAS said they have completed the merger between the two companies.
The merger positions the combined company as the leader in global supply chain management, offering a broad portfolio of integrated planning and execution solutions and services to help global firms manage their supply chains from raw materials to finished products and into the hands of consumers through any channel.
The transaction creates one of the largest global software companies with combined revenues of over 1 billion. The new combined company will adopt the JDA brand identity and be headquartered in Scottsdale, Arizona. Since the merger agreement was announced on November 1, 2012, the two companies have been preparing an integration plan designed to rapidly combine the operations of the two companies into one. The plan is now substantially complete, and the integration process will begin early in the new year and will be rapidly followed up with an integrated product roadmap in the second quarter, in time for the combined user group conference on May 5, 2013.
J.P. Morgan acted as financial advisor to JDA. DLA Piper LLP acted as legal counsel for JDA, and Cravath, Swaine & Moore LLP represented the independent directors of the board of directors of JDA.
For more than 35 years, RedPrairie's best-of-breed supply chain, workforce and all-channel retail solutions have put commerce in motion for the world's leading companies. Installed in over 60,000 customer sites across more than 50 countries, RedPrairie solutions adapt to help ensure visibility and collaboration between manufacturers, distributors, retailers and consumers. RedPrairie is prepared to meet its customers' current and future demands with multiple delivery options, flexible architecture and 24/7 technical and customer support. For a world in motion, RedPrairie is commerce in motion.
JDA Software Group, Inc. is the provider of innovative supply chain management, merchandising and pricing excellence solutions worldwide. JDA empowers more than 2,700 companies of all sizes to make optimal decisions that improve profitability and achieve real results in the manufacturing, wholesale distribution, transportation, retail and services industries. To learn more, visit jda.com.
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