Bulletin: Ratings On JDA Software Group Inc. Likely To Be Withdrawn Following Its Acquisition By Affiliates Of RedPrairie Corp. Nov 12
- Language: English
- Published: November 2012
The ratings on Scottsdale, Ariz.-based JDA Software Group Inc. reflect its second-tier presence in a highly competitive and consolidating industry, niche product offerings, and risk associated with switching its product development initiatives to a new technology platform, along with a $246 million jury verdict against the company. A solid base of recurring revenues and currently moderate leverage for the rating partially offset these fundamental business characteristics and the potential future payment. JDA is a provider of software applications offering a comprehensive suite of products, specializing in enterprise resource planning (ERP), supply-and-demand chain optimization, and analytics. The acquisition of I2 Technologies Inc. expanded JDA's customer base and product capabilities into the discrete manufacturing market, provided additional scale, and should help JDA...
Companies mentioned in this report are: JDA Software Group Inc.
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JDA Software Group Inc.