Thursday, April 29, 2004
i2 Receives Equity Injections
San Diego-based i2 Technologies reports that it has received equity injections from Q investments and CEO Sanjiv Sidhu. Q has committed $100M and Sidhu $20M to bolster the company's cash position. i2 has been struggling recently and has been showing serious revenue declines, restatements, and an investigation by the SEC for accounting violations.