It reported 2008 revenue of US$255.8 million, down slightly from the year before, and a net profit of $106.7 million.

In a speech in 2002, Oracle CEO Larry Ellison bemoaned a glut of "specialist" software companies that had sprung up during the dot-com boom, and predicted that most would soon be bought or go out of business. He was right for the most part but not about i2, which was among the companies he listed as being in peril.

The i2 patents listed in the suit include a "system and method for allocating manufactured products to sellers" and "extreme capacity management in an electronic marketplace environment."

I2 is seeking a jury trial. It posted (PDF) on its Web site.