JDA Sotware Acquires Manugistics Group for USD 213 mln
JDA Software Group Inc. has acquired Manugistics Group Inc., a supply chain and revenue management solutions company for about USD 213 million in cash.
Following the acquisition, JDA Software Group now stands at about USD 400 million, in terms of revenues, and 1,800 in terms of associates. The combined client base has increased to over 6,000. JDA has a client base of about 10 in India, and with this acquisition there is likely to be cross-selling opportunities for both the companies.
Manugistics has a product development centre in Hyderabad with around 225 employees. The company said Manugistics has a strong foothold in managing the supply chain from the raw materials to the distribution centre.
Manugistics has been the 10th acquisition for JDA but the first involving a company with a development centre in India. Some of its earlier acquisitions have been Timera Retail Solutions, Engage, Inc and Vista Software Solutions.
While JDA has operated in business segments such as retail enterprise segments, store systems and collaborative solutions, Manugistics has operated in retail, consumer goods manufacturing, travel, transportation and hospitality and government, aerospace and defence. Now JDA will regroup into retail, consumer goods and distribution, travel, transportation and hospitality and government, aerospace and defence.
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