Manugistics agrees to be acquired

Manugistics, the supply-chain software developer that was the second company to ink a SmartBuy enterprise license agreement with the General Services Administration, has agreed to be acquired.

JDA Software will acquire Manugistics for about $211 million in cash, the companies said in a joint announcement issued late today. By combining the two companies, JDA will have new sales opportunities and a stronger competitive position, according to the announcement.

"This deal is as close to a perfect match as you can get for an acquisition of this size," said Hamish Brewer, JDA's chief executive officer, in a written statement. The combined companies will bring in about $390 million in annual revenue, an estimate based on each company's earnings as separate entities.

Featured

  • CLOUD
    pentagon cloud

    Court orders temporary block on JEDI

    JEDI, the Defense Department’s multi-billion-dollar cloud procurement, is officially on hold, according to a federal court announcement Feb. 13.

  • Defense
    mock-up of the shore-based Aegis Combat Information Center

    Pentagon focuses on research, cyber in 2021 budget request

    The Defense Department wants to significantly increase funds for research, cyber, and cloud.

Stay Connected

FCW INSIDER

Sign up for our newsletter.

I agree to this site's Privacy Policy.