Accrue Software Inc. is divesting itself of NeoVista by signing a definitive agreement with JDA Software Group. Under the terms of the agreement, JDA assumes the intellectual property of the NeoVista Decision Series and the bricks-and-mortar retail applications, RDS-Assort and RDS-Profile, for an undisclosed amount of cash.
Accrue acquired NeoVista in February 2000 and used the Decision Series to support both brick-and-mortar retail and Web analysis applications. Previously, Accrue and JDA had an OEM partnership agreement in which JDA embedded Accrue's Decision Series into its suite of retail applications, JDA Portfolio.
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