JDA Software Group Inc. announced that it has acquired the intellectual property assets of Vista Software Solutions, an innovative provider of collaborative commerce solutions for the retail and consumer goods industry. With this acquisition, JDA will expand JDA Portfolio with complementary software products that fully leverage Microsoft .NET and meet the critical need for server-to-server data synchronization in Internet-based collaborative commerce.
JDA has extended employment offers to approximately 20 former Vista Software sales, product management, development, services and support associates. JDA will relocate the former Vista Associates to its offices in Chicago and Scottsdale. The total purchase price is $4.3 million cash. Total revenues at Vista for the last 12 months ending March 31, 2003 were $4.3 million including $1.4 million in software revenues.
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access