Big mergers in the cloud! Recently announced blockbuster merger between JDA Software and Red Prairie occurred Thursday, Nov. 1st, followed just days after news reports that JDA was shopping around for a buyer. The details of the merger are of interest. JDA will be taken private by privately-held Red Prairie, with the help of New Mountain Capital LLC, the private-equity firm that owns Red Prairie. For our full update on the JDA Software / Red Prairie merger check out our IT Briefcase column.
JDA and Red Prairie Merger
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