JDA Software Buys i2 Technologies

JDA Software Group said Monday it will acquire supply chain management firm i2 Technologies for $346 million.

On a pro-forma, the combined company will have annual revenue of $635 million, including about $300 million of annual maintenance and recurring subscription fees, JDA said in a statement.

It was the eleventh acquisition for JDA in 10 years, and the i2 acquisition follows JDA’s 2006 purchase of supply-chain software provider Manugistics Group, a $213 million deal.