JDA Software to Acquire AI Firm Blue Yonder
Scottsdale-based JDA Software, the leading provider of end-to-end supply chain and retail solutions, has signed a definitive agreement to acquire Blue Yonder, the market leader in artificial intelligence solutions for retail. Purchase of the German company reflects the increasing importance of connecting intelligent data.
Blue Yonder’s proven data science capabilities will let JDA embed new levels of actionable intelligence more quickly across all areas of its SaaS solution roadmap—from retail/supply chain planning to omni-channel delivery that creates significant value realization for customers.
JDA’s acquisition of Blue Yonder is expected to close in August, subject to competition agency approval.