Is JDA and RedPrairie the same?
RedPrairie and JDA Software Group, Inc. announced the completion of the previously announced merger between the two companies. The merger positions the company, with combined revenues of over $1 billion, to offer a broad portfolio of integrated supply chain planning and execution products and services.
Is RedPrairie a JDA?
–(BUSINESS WIRE)–RedPrairie and JDA Software [NASDAQ: JDAS], recognized leaders in enterprise software and services for the extended supply chain, announced today that JDA and affiliates of RedPrairie have entered into a definitive merger agreement.
When did JDA become blue yonder?
JDA Software Inc. changed its name to Blue Yonder in February 2020. JDA acquired Blue Yonder, a provider of artificial intelligence (AI) and machine learning (ML) supply chain and retail solutions, in August 2018.
How much did JDA pay for Blue Yonder?
On December 21, 2012, RedPrairie with Mike Mayoras as CEO and Martin Hiscox as President and Vice Chairman, with the backing of New Mountain Capital, bought JDA Software for $1.9 billion and took it private, merging RedPrairie and JDA into one organization.
Is Blue Yonder a public company?
After 10 years of operation as a privately held firm, JDA went public on March 15, 1996. In 1998, JDA completed its first acquisition, the Arthur Retail division. In April 2000, the company announced the acquisition of Intactix division.
How many employees does blue yonder have?
The company has more than 3,000 corporate customers in the manufacturing, distribution, transportation, retail and services industries….Blue Yonder.
|Number of employees||5,500 (February 2021)|
Does Blue Yonder still exist?
On July 2, 2018, JDA announced an agreement to acquire Blue Yonder GmbH. The acquisition was completed on August 7, 2018. On February 11, 2020, JDA announced that it was renaming itself to Blue Yonder, Inc.
What’s the significance of the RedPrairie JDA acquisition?
The recent acquisition of JDA Software by RedPrairie signals the birth of a new supply chain behemoth that could rival giants SAP and Oracle, industry experts said. Like all mergers of this magnitude, the path ahead for the combined supply chain management software company won’t be without challenges.
What does the JDA acquisition mean for supply chain software?
RedPrairie recently announced its acquisition of rival vendor JDA. What does this mean for the future of the supply chain software market? The recent acquisition of JDA Software by RedPrairie signals the birth of a new supply chain behemoth that could rival giants SAP and Oracle, industry experts said.
Who is the current CEO of JDA Software?
On Nov. 1, RedPrairie, backed by private equity firm New Mountain Capital LLC, and JDA Software announced the two companies had entered into a $1.9 billion merger agreement. The deal is expected to close by the end of the year and current JDA CEO Hamish Brewer will lead the unnamed combined company.
Who is the owner of RedPrairie enterprise software?
It is also 16 percent above JDA’s record-high stock price. RedPrairie is owned by the private equity firm New Mountain Capital, which purchased the enterprise software maker in 2010. New Mountain is contributing cash to help finance the deal, and Credit Suisse is also providing financing.